April 05, 2013
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i-Optics closes €11.8 million in financing round

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i-Optics closed the second phase of its round D financing with €5.1 million in new investment, in addition to €6.7 million raised during the first phase of the round, according to a company news release.

The company intends to use the funds to expedite the global rollout of its EasyScan zero-dilation retinal imaging system and the Cassini cornea topographer, designed to improve cataract surgery outcomes and specialty contact lens fitting, the release said.

The portable EasyScan system was granted 510(k) clearance by the U.S. Food and Drug Administration in 2011.

New investors in this round of financing are HBM Partners from Switzerland and NIBC Bank of the Netherlands, along with company management, the release said. They join current investors Aescap Venture and family fund De Hoge Dennen.