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Breathe Technologies Raises $23 Million Series C

Wednesday, May 19, 2010 5:58:00 AM PDT | VentureDeal Staff

San Ramon, California  --  Medical device company Breathe Technologies has garnered $23 million in its third round of venture capital financing.

Breathe has created an ultralight, mobile ventilation system for people with breathing challenges, such as COPD.

DAG Ventures led the round, which also included Kleiner Perkins Caufield & Byers, Delphi Ventures, Synergy Partners and Johnson & Johnson Development Corporation. 

The company said it would use the funding proceeds to continue commercialization efforts of its mobile ventilation system.

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