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Sinexus Receives $20 Million Series B Funding

Friday, June 06, 2008 5:32:00 AM PDT | VentureDeal Staff

Palo Alto, California --  Medical device company Sinexus announced that it has closed its second round of institutional venture capital financing, securing $20 million in new investment.

Sinexus is developing new therapies for ENT physicians to treat patients who have undergone endoscopic sinus surgery.

PTV Sciences led the round, which included Kleiner Perkins Caufield & Byers and US Venture Partners.  The company did not disclose how the funding would be used.

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