Oculeve

Acquired

San Francisco, United States · Founded 2011

Employees
11–50
Founded
2011
Business Model
B2B
Last Round
Series BMar 2014
Rounds
3
Acquired by
AllerganJul 2015

About

Oculeve was a medical device company that developed TrueTear, a first-in-class non-invasive nasal neurostimulation device that activates the nasolacrimal pathway to stimulate natural tear production in patients with dry eye disease. Founded out of Stanford Biodesign, the company raised $24M before being acquired by Allergan in 2015 for $125 million upfront. The TrueTear device received FDA clearance and commercialized under Allergan.

Summary

Oculeve is a Biotech company based in San Francisco, United States, founded in 2011. Its most recent funding was a Series B round in Mar 2014. Investors include Kleiner Perkins, Allergan and New Enterprise Associates.

Funding History

AcquisitionJul 2015

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