TriReme Medical Grabs $15.5M

Pleasanton-based TriReme Medical, a firm which is developing stents and stent delivery systems for treating vascular lesions, said earlier this week that it has completed a $15.5M Series C financing round. The round was led by Three Arch Partners, and also included Adams Street Partners. As part of the funding, the firm said that Mark Wan of Three ARch and Michael Lynn of Adams Street Partners will join its board. THe funding will go towards continued development of the company's products. More information »