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PhotoThera Raises $30.5M

Carlsbad-based PhotoThera has raised $30.5M in Series C venture funding. Investment came from Delphi Ventures, DeNovo Ventures, Hamilton BioVentures, Warburg Pincus, The Vertical Group, and Solstice Capital. PhotoThera is developing technology that uses infrared lasers to treat ischemic stroke. More information »