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Venture Capital News: Restoration Robotics Lands $45M in Series C

SAN JOSE, CA, Restoration Robotics has raised $45 million in Series C extension funding.
According to the Wall Street Journal, Restoration Robotics has raised $45 million in Series C extension funding to treat baldness. The funding was provided by return investors InterWest Partners, Sutter Hill Ventures, Alloy Ventures and Clarus Ventures, joined by undisclosed new investors.

Restoration Robotics, Inc., (San Jose, CA) is a privately held medical device company dedicated to transforming the field of hair restoration. The company produces the ARTAS System, the first and only computer-assisted, physician-controlled system to harvest follicular units directly from the scalp. The company has unique expertise in machine vision, image guidance, visual servoing and robotics, as well as developing intuitive interfaces to manage these technologies. The company is located in the heart of the high-technology center of Silicon Valley.
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