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INVUITY CLOSES $8.2 MILLION SERIES B FINANCING,
Invuity’s proprietary illumination technology uses complex optical structures to deliver light uniformly and efficiently to even the smallest surgical field, allowing surgeons to achieve an unparalleled level of visualization during less invasive surgery. The Series B financing, led by premier venture capital firm Kleiner Perkins Caufield & Byers, will be used to fund the commercialization of the company’s new BriteField™ line of illuminated spinal retractors.
"The trend towards minimally invasive surgery has created a new technical challenge in the area of surgical illumination, where legacy technologies must now be applied to increasingly restricted surgical environments,” said Dana Mead, partner, Kleiner Perkins Caufield & Byers. “Invuity’s unique platform technology has the promise to set a new standard for illumination in minimally invasive surgery, enabling surgeons to achieve greater visualization and access as well as potentially improved outcomes. The opportunities for this technology are vast, not only in the initial applications of spine and orthopedics, but across a host of high-impact surgical procedures."
Invuity’s BriteField™ product line seamlessly integrates the company’s Structure Guided Illumination technology into existing instrument design, requiring no disruption to established surgical techniques. Slated for commercialization in the first quarter of 2008, the line includes the BriteField Port System and the BriteField McCullough Retractor System. Both deliver highly targeted, uniform and efficient illumination to the surgical field, virtually eliminating the glare, shadowing and excess heat found with traditional systems such as microscopes and head lamps.
"Many surgeons are uncomfortable with existing illumination solutions such as microscopes because they are difficult to operate under, they require assistance, and they generate glare that makes it hard to see the surgical field," said William Taylor, M.D., professor of neurosurgery, University of California, San Diego Medical Center. "I think that Invuity’s new BriteField technology has the potential to provide huge advantages to surgeons, including much greater flexibility, access and visualization during minimally invasive procedures."
Jonathan Gasson, president of Invuity Inc., added, "Significant advances have been made in the areas of minimally invasive surgery and optical engineering over the past several years, with very little crossover until now. Invuity is bringing together these advances to set a whole new standard in on field illumination technology."
Invuity is previewing its new BriteField™ product line at booth no. 2001 at the NASS meeting, October 22 – 25.
About Invuity Inc.
Invuity Inc. (formerly Spotlight Surgical Inc.) is a leading provider of on field illumination solutions for less invasive medical procedures. Its proprietary Structure Guided Illumination technology uses complex optical structures to deliver light uniformly and efficiently to even the smallest surgical field. For more information, please visit www.invuity.com.
Structure Guided Illumination™ and BriteField™ are registered trademarks of Invuity, Inc.
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MEDIA CONTACT: FOR IMMEDIATE RELEASE
Laura Nobles
Nobles Communications
310-795-0497
laura@noblescommunications.com
INVUITY CLOSES $8.2 MILLION SERIES B FINANCING,
UNVEILS GROUNDBREAKING ILLUMINATION TECHNOLOGY FOR
MINIMALLY INVASIVE SURGERY
Invuity’s proprietary illumination technology uses complex optical structures to deliver light uniformly and efficiently to even the smallest surgical field, allowing surgeons to achieve an unparalleled level of visualization during less invasive surgery. The Series B financing, led by premier venture capital firm Kleiner Perkins Caufield & Byers, will be used to fund the commercialization of the company’s new BriteField™ line of illuminated spinal retractors.
"The trend towards minimally invasive surgery has created a new technical challenge in the area of surgical illumination, where legacy technologies must now be applied to increasingly restricted surgical environments,” said Dana Mead, partner, Kleiner Perkins Caufield & Byers. “Invuity’s unique platform technology has the promise to set a new standard for illumination in minimally invasive surgery, enabling surgeons to achieve greater visualization and access as well as potentially improved outcomes. The opportunities for this technology are vast, not only in the initial applications of spine and orthopedics, but across a host of high-impact surgical procedures."
Invuity’s BriteField™ product line seamlessly integrates the company’s Structure Guided Illumination technology into existing instrument design, requiring no disruption to established surgical techniques. Slated for commercialization in the first quarter of 2008, the line includes the BriteField Port System and the BriteField McCullough Retractor System. Both deliver highly targeted, uniform and efficient illumination to the surgical field, virtually eliminating the glare, shadowing and excess heat found with traditional systems such as microscopes and head lamps.
"Many surgeons are uncomfortable with existing illumination solutions such as microscopes because they are difficult to operate under, they require assistance, and they generate glare that makes it hard to see the surgical field," said William Taylor, M.D., professor of neurosurgery, University of California, San Diego Medical Center. "I think that Invuity’s new BriteField technology has the potential to provide huge advantages to surgeons, including much greater flexibility, access and visualization during minimally invasive procedures."
Jonathan Gasson, president of Invuity Inc., added, "Significant advances have been made in the areas of minimally invasive surgery and optical engineering over the past several years, with very little crossover until now. Invuity is bringing together these advances to set a whole new standard in on field illumination technology."
Invuity is previewing its new BriteField™ product line at booth no. 2001 at the NASS meeting, October 22 – 25.
About Invuity Inc.
Invuity Inc. (formerly Spotlight Surgical Inc.) is a leading provider of on field illumination solutions for less invasive medical procedures. Its proprietary Structure Guided Illumination technology uses complex optical structures to deliver light uniformly and efficiently to even the smallest surgical field. For more information, please visit www.invuity.com.
Structure Guided Illumination™ and BriteField™ are registered trademarks of Invuity, Inc.
MEDIA CONTACT: FOR IMMEDIATE RELEASE
Laura Nobles
Nobles Communications
310-795-0497
laura@noblescommunications.com