Xoft Raises $25 Million

Xoft Inc., a Sunnyvale, Calif.-based maker of micro x-ray catheter for radiation therapy, has raised $25 million in Series E funding. Chicago Growth Partners led the round, and was joined by return backers like Easton Capital, Maverick Capital, MPM Capital, Sutter Hill Ventures, Mosaix Ventures, Frantz Medical Ventures and Frazier Healthcare Ventures.

 

VentureWire reports that the post-money valuation was $170 million, which was around 10% higher than the post-money on Xoft's $33.2 million Series D round last year. www.xoftinc.com