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Consumers Welcome Relief From Acne; ThermaClear Gains Market Acceptance; Therative Closes Series C Funding and Plans Market Expansion


5/16/2007 10:35:18 AM

SAN FRANCISCO, CA -- (MARKET WIRE) -- May 16, 2007 -- Following the successful launch of its ThermaClear acne treatment device, Therative today announced it has closed an additional round of financing. Leading the round was new investor Bessemer Venture Partners; existing investors Foundation Capital, RWI Ventures and Band of Angels also participated. Total capital raised to date exceeds $14 million. Therative will use the funds to enhance its marketing programs and add company infrastructure to support expanded sales efforts for ThermaClear.

Read at BioSpace.com

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