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Asteres Receives $4 Million Additional Financing

Friday, November 2, 2007 5:00:00 AM PDT | VentureDeal Staff
SAN DIEGO, CA -- Healthcare company Asteres, Inc. has called down a second tranche of its series C round, receiving $4 million from its existing venture capital investors.

Asteres has commercialized an ATM-like system for dispensing finished prescriptions to consumers in a retail pharmacy environment.  It allows retailers to extend pharmacy hours without adding staff, and minimizes the stress of long lines at the pharmacy counter.

Investors included Forward Ventures, Pacific Venture Partners and Sanderling Ventures.  Proceeds purposes were not disclosed.

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