Ophthonix Inc Lands $25,900,000 Series A Funding Round

  • Feed Type
  • Date
    5/27/2009
  • Company Name
    Ophthonix Inc
  • Mailing Address
    1491 Poinsettia Avenue Vista, CA 92081
  • Company Description
    Ophthonix Inc., a developer and marketer of advanced eyeglass lenses. The lenses aim to mimic the vision improvements rendered by the popular Lasik surgical procedure.
  • Website
    http://www.izonlens.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $25,900,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Ophthonix will use the new financing to “build distribution among leading optometrists, while capitalizing on our recent strides in improving manufacturing margins and reducing operating expenses,” said CEO Stephen Osbaldeston in the press release.
  • M&A Terms
  • Venture Investor
    Kleiner Perkins Caufield & Byers
  • Venture Investor
    Enterprise Partners Venture Capital
  • Venture Investor
    DAG Ventures
  • Venture Investor
    Gund Investment Corporation
  • Venture Investor
    InterWest Partners
  • Venture Investor
    Cross Creek Capital
  • Venture Investor
    Trex Enterprises Corporation
  • Venture Investor
    Undisclosed

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