H.I.G. BioVentures leads Series C round for ForSight VISION5

ForSight VISION5 has closed $15 million in Series C financing. H.I.G. BioVentures led the round with participation from previous backers Morgenthaler Ventures, Versant Ventures, Technology Partners and Delphi Ventures. Concurrent with the funding, Aaron Davidson of H.I.G. BioVentures has been added to ForSight VISION5′s board of directors. Based in Menlo Park, Calif., ForSight VISION5 focuses on developing products that replace eye drops.

Deeya Appoints Non-Exec Chairman

Energy storage system provider Deeya Energy has appointed Ravi Sharma, as non-executive chairman of the board of directors. Sharma joined Deeya Energy’s board of directors in late 2012.

Akros Silicon Secures Financing and New Investor

Akros Silicon, a supplier of intelligent energy management ICs, has secured additional financing bringing total funding in the company to $11 million. Technology Partners led the round as well as existing investors USVP, Levensohn Venture Partners and SPM Capital. Akros has also welcomed Marc van den Berg from Technology Partners to its board of directors.

Benvenue Medical Appoints Two to Board

Benvenue Medical, a developer of minimally invasive solutions for spine repair, has appointed two new members to its board of directors. Thomas M. Prescott, president and CEO of Align Technology and Thomas C. Wilder, president and CEO of Sequent Medical are both experienced in bringing medical technologies to the global marketplace. Investors in Benvenue Medical […]

Solar Startup Solexel Raises $25M, According To Filing

Solar startup Solexel has raised $25 million in new capital, according to a filing with the Securities and Exchange Commission. No other details about the funding were available. The company received Series A financing in 2007 and a Series B round in 2008. Its board includes representatives of Kleiner Perkins Caufield & Byers, Technology Partners […]

Medley Health Raises $20M Series A to Help Doctors Manage Practices

Medley Health, which provides physician practice management services, announced Wednesday that it had raised $20 million in Series A financing from Cardinal Partners, Technology Partners and Vivo Ventures. The Dublin, Calif.-based company says it will use the capital to expand its physician partnerships, invest in its practice management services and boost staffing. ”As a physician, I understand firsthand […]

Transcend Medical Sews Up $51M Series B

Transcend Medical Inc., a Menlo Park, Calif.-based ophthalmic device company, has closed a second tranche of its Series B round, bringing the total to an eye-popping $51 million. Investors include Investor Growth Capital, Canaan Partners, Finistere Ventures, HLM Venture Partners, Kaiser Permanente Ventures, Latterell Venture Partners, Morgenthaler Ventures, Split Rock Partners and Technology Partners. The company says it will use the funds to develop additional infrastructure and resources for a U.S. study of its micro-stent technology. The company is focused on minimally invasive glaucoma therapies.

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