ReShape beefs up with $20M to bust fat

ReShape Medical, maker of a non-surgical device said to treat obesity, just reeled in $20 million in second-round funding to launch a trial of its lead product. Based in San Clemente, Calif., the company’s actual technology remains fairly stealthy.

The investment came from US Venture Partners, New Leaf Venture Partners and SV Life Sciences. Previously, ReShape raised $7.5 million over the course of 2006 and 2007. It has eight employees.

Next Story:
Previous Story:

About the Author,

Camille was the lead writer for GreenBeat until August 2010. To reach VentureBeat's current writers, email tips@venturebeat.com.

blog comments powered by Disqus