Monday, May 7, 2018

Second Sight Medical Raises $10M Via PIPE

Los Angeles-based Second Sight Medical Products, which is developing implantable visual prosthetics, said this morning that it has raised $10M in a private placement. The publicly held company, which trades on the NASDAQ as EYES, said the funding came from entities related to Gregg Williams, the Chairman of the company's board of directors. The company said the new funding will go towards supporting several key near-term initiatives.