Aperio Gets $20M

Vista-based Aperio announced this morning that it has raised $20M in a Series C funding. The firm, which develops digital pathology systems for the healthcare and life sciences industry, said the round was led by HLM Venture Partners. Existing investors Galen Partners and Advanced Technology Ventures, along with new investors Acadia Woods Partners and BlackRock Alternative Advisors also particapted. Aperio said the funding would go towards market development, sales, operations, and development of new products. Martin R. Felsenthal of HLM joins the firm's board as part of the funding. The funding brings the company's total raised to $53M. More information »