TrueVision Systems Adds $1.2M

Santa Barbara-based TrueVision Systems, a developer of 3D visualization technology used for microsurgery, said this week that it has raised $1.2M in a convertible financing round, part of an effort which will raise $2M for the firm. TrueVision said the company is expecting to raised $4 to $5M in a Series C funding round. Source of the funding was not disclosed, and comes on top of a $5M, Series B funding round it raised from angels last year. More information »