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Transcend Medical Garners $7M in Funding

Friday, November 10, 2006 7:00:00 AM PDT | VentureDeal Staff

MENLO PARK, 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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