Transcend Medical Raises Second Round

Transcend Medical Inc., a Menlo Park, Calif.-based developer of medical devices to treat glaucoma, has raised $35 million in Series B funding, according to VentureWire. A May 27 regulatory filing reports that the company had called down $20 million of a $40 million round. HLM Venture Partners led the round, and was joined by Canaan Partners, Latterell Venture Partners, Technology Partners and return backers Morgenthaler Ventures and Split Rock Partners.