Overview

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Status
Acquired by on February 18, 2016
Total Equity Funding
$87.2M in 5 Rounds from 10 Investors
Headquarters:
Menlo Park, CA
Description:
Transcend Medical is focused on the research and development of novel devices for the treatment of glaucoma.
Categories:
Medical Device, Health Care, Manufacturing
Website:
http://www.transcendmedical.com
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Company Details

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Transcend Medical is focused on the development of medical devices for the treatment of glaucoma, the leading cause of adult irreversible blindness. It is estimated that nearly four million people in the US and over 60 million worldwide are afflicted with the disease today and the numbers are expected to grow to nearly six million in the US, and to over 70 million worldwide by the year 2015.

In 2005, Transcend Medical was the first company to spin out of ForSight Labs, an incubator solely focused on ophthalmic innovations. Transcend Medical was granted CE mark for the CyPass Micro-Stent® in 2008, and is being evaluated in several clinical studies in the US and abroad, including the COMPASS multi-center clinical trial.

Funding Rounds (5) - $87.2M

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DateAmount / RoundValuationLead InvestorInvestors
Jan, 2015$7.2M / Venture1
Apr, 2014$22M / Series C0
Jan, 2012$16M / Series B9
Jun, 2009$35M / Series B6
Nov, 2006$7M / Series A2

Current Team (6)

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Board Members and Advisors (4)

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Offices/Locations (1)

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  • Headquarters

    Transcend Medical, Inc.™

    127 Independence Drive

    Menlo Park, CA 94025

    USA

Images (1)

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