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Satiety Raises $30 Million

Satiety Inc., a Palo Alto, Calif.-based developer of a transoral procedure designed to achieve similar weight loss to bariatric surgeries, has raised $30 million in Series D funding. Skyline Ventures led the deal, and was joined by HLM Venture Partners, Pinnacle Ventures and return backers Venrock, Three Arch Partners, Morgenthaler Ventures and Thomas Fogarty. Satiety now has raised a total of over $61 million, including a Series C infusion in 2005 at a post-money valuation of approximately $38 million.