Optonol
AcquiredMiniature glaucoma implants for surgical precision
Neve Ilan, Israel · Founded 1996
- Headquarters
- Neve Ilan
- Employees
- 11–50
- Founded
- 1996
- Business Model
- B2B
- Website
- optonol.com
- Last Round
- Series CFeb 2009
- Rounds
- 1
- Acquired by
- Alcon Inc.Dec 2009
About
Optonol Ltd. was founded in 1996 as a spin-off of Jerusalem-based stent developer Medinol Ltd. The company developed the Ex-PRESS miniature glaucoma implant — a device smaller than a grain of rice made from surgical stainless steel with an internal diameter of 50 or 200 microns. The Ex-PRESS shunt is used in filtering surgery to lower intraocular pressure in glaucoma patients, offering a less invasive alternative to traditional trabeculectomy. Optonol's development center was located in Neve Ilan near Jerusalem, Israel. The company raised over $20 million from investors including Israel Healthcare Ventures and Pitango Venture Capital before being acquired by Alcon in 2010 for an initial payment of $150 million with additional milestone payments.
Summary
Optonol is a Healthcare company based in Neve Ilan, Israel, founded in 1996. Its most recent funding was a Series C round in Feb 2009. Investors include Pitango Growth.
Tech & App Stack
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Funding History
Dec 2009
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Series C through Acquisition — per-round amounts, valuations, and who invested in each round.
Investors
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