AirXpanders, a company developing technology to address unmet needs for patients who require tissue expansion for breast reconstruction surgery, has secured $10 million in Series D financing. The round includes $7 million from new investor Vivo Ventures and $3 million from existing investors GBS Venture Partners, Prolog Ventures, Heron Capital and WTI. PRESS RELEASE AirXpanders [...]

San Diego-based Nexus Dx Inc. has named Joseph Nemmers Jr. to its board of directors. Nemmers is the principal in a private consulting practice specializing in the pharmaceutical and medical device industries, and serves as an advisor to Warburg Pincus . Nexus is backed by investors including Bay City Capital, Kleiner Perkins Caufield & Byers, Prolog Ventures and Warburg Pincus.

Veniti, a Saint Louis-based medical device company, has raised a $13.5 million Series A round led by Baird Venture Partners, H&Q Healthcare Investors, and H&Q Life Sciences Investors. Veniti develops devices for treating venous disease, including a stent system. Its first products are expected to be available later this year, according to the company. PRESS [...]