WaveTec Vision Gets $16.5M For Cataract Surgery

Aliso Viejo-based WaveTec Vision, which is developing diagnostic devices for cataract surgery, said monday that it has raised $16.5M more in funding. The funding was led by Burrill & Company, and also included Versant Ventures, Accuitive Medical Ventures, De Novo Ventures and Gund Investment Corporation. The firm said the funding will go towards commercialization of its products, and product refinement. WaveTec's diagnostic device helps surgeons provided better cataract surgery outcomes, particularly in astigmatic correction. WaveTec is headed by Tom Frinzi. More information »