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Menlo Park California based EarLens is raising $20,000,000.00 in New Debt Financing.

Menlo Park California based EarLens is raising $20,000,000.00 in New Debt Financing.

April 28, 2020 Craig Etkin

Menlo Park, CA – According to filings with the U.S. Securities and Exchange Commission, EarLens is raising $20,000,000.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, William Facteau played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About EarLens

Earlens is a privately held medical technology company committed to transforming the hearing experience for millions of people who suffer from hearing loss. The company has developed the Earlens Contact Hearing Solution, which directly activates the hearing system, delivering the broadest bandwidth available today and superior sound quality. This revolutionary, nonsurgical hearing solution uses a small lens to vibrate the eardrum, replicating the natural hearing process. The Earlens Contact Hearing Solution received FDA clearance in 2019 for a second generation of the Earlens technology.

To learn more about EarLens, visit http://www.earlenscorp.com/

Contact:
William Facteau, President and Chief Executive Officer
650-366-9000
https://www.linkedin.com/in/bill-facteau-5430042/

SOURCE: http://www.intelligence360.io
Copyright (c) 2020 SI360 Inc. All rights reserved


Venture Capital
7360, California, EarLens, Menlo Park, San Francisco, Venture Capital

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