Novasys Medical Inc., a Newark, N.J.-based developer of a device to treat female stress urinary incontinence, has raised $49.5 million in Series D funding. Versant Ventures led the round, and was joined by Three Arch Partners, Skyline Ventures and return backers Affinity Capital Management, Alloy Ventures, Delphi Ventures, GBS Venture Partners, INVESCO Private Capital, JPMorgan Partners (managed by Panorama Capital) and ONSET Ventures.
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