KFx Raises $10 Million

KFx Medical Corp., a San Diego-based developer of minimally-invasive percutaneous systems for rotator cuff repair, has raised $10 million in Series B funding. Alloy Ventures led the deal, and was joined by return backers Charter Life Sciences, Arboretum Ventures, Montreaux Equity Partners and MB Venture Partners. www.kfxmed.com