Avedro Secures $32,000,000 New Financing Round

  • Feed Type
  • Date
    11/16/2015
  • Company Name
    Avedro
  • Mailing Address
    230 Third Avenue Waltham, MA 02451 USA
  • Company Description
    Avedro’s Keraflex is not laser eye surgery – it is a non-incisional, non-invasive procedure currently under clinical study for the correction of myopia and the treatment of keratoconus. Unlike LASIK and other laser vision correction procedures, Keraflex offers peace of mind because it does not cut a flap in the cornea nor does it remove any corneal tissue.
  • Website
    http://www.avedro.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $32,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The additional capital strengthens Avedro’s balance sheet as it continues to expand global distribution of its KXL corneal cross-linking platform and commences commercialization outside of the United States of its Mosaic System.
  • M&A Terms
  • Venture Investor
    InterWest Partners
  • Venture Investor
    OrbiMed
  • Venture Investor
    Undisclosed

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