The ARTAS System Gains Support

Oct 27th, 2011

Restoration Robotics, a privately held medical device company, has raised $41 million in Series C financing to support its ARTAS System for hair follicle harvesting. Clarus Ventures led the financing and was joined by investors Sutter Hill Ventures, Alloy Ventures and Interwest Partners. The ARTAS System is a physician-controlled, computer-assisted technology that enables harvesting of hair follicles during hair restoration procedures, including follicular unit extraction (FUE) technique. The device features an image‐guided robotic arm, special imaging technologies, small dissection punches and a computer interface. This financing enables us to bring our advanced technology to the marketplace, continue its innovation, and fully support our customers.” said Mohan Bodduluri, PhD, co-founder and vice president of research and development at Restoration Robotics.

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