Friday, November 10, 2006 7:00:00 AM PDT | VentureDeal Staff
CA. -- Transcend
Medical, Inc. announced the recent closing of its Series A round of funding in
the amount of $7 million.
The company was the first incubated by Forsight
Labs, which focuses on ophthalmic device company creation.
The investment will allow the company to continue developing its novel approach
to dealing with glaucoma which is the leading cause of adult blindness in the US.
Investors included Morgenthaler Ventures and Split Rock Partners.
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