Snippet from the press release:
Restoration Robotics, Inc., a privately-held medical device company, today announced that it has raised $41 million in a Series C financing. Clarus Ventures led the financing and was joined by current venture capital investors Sutter Hill Ventures, Alloy Ventures and Interwest Partners. â€œWe are delighted to have the financial and strategic support of these top investment firms,â€ said Jim McCollum, President and Chief Executive Officer of Restoration Robotics. â€œThe ARTASâ„¢ System has the potential to transform the global hair restoration market and we will now focus on the commercialization and U.S. market launch of the technology,â€ concluded McCollum.
Read the full text — Restoration Robotics Receives $41 Million in Series C Financing
As I’ve noted before, we’ve licensed some of the optical technology to Restoration Robotics for their follicular unit extraction (FUE) harvesting system.