KFX Medical Raises $10M

Carlsbad-based KFX Medical said Thursday afternoon that it has raised $10M in a Series B funding round. The company develops minimally invasive percutaneous repair systems, for rotator cuff repair. The round was led by Alloy Ventures, and also included Charter Life Sciences L.P., Arboretum Ventures, Montreux Equity Partners, and MB Venture Partners. Craig C. Taylor of Alloy joins the firm's board of directors as part of the funding. More information »