Los Altos, Calif., March 30, 2016 – Gauss Surgical, Inc., maker of Triton, the world’s first and only platform for real-time monitoring of surgical blood loss, today announced the close of its $12.6 million in Series B financing, bringing its total funding to $24.6 million.
Providence Ventures, the investment arm of Providence Health & Services, the third largest not-for-profit health system in the United States, led the round, with participation from Jump Capital, a Chicago-based firm specializing in expansion stage and growth capital investments. The round was also joined by existing investors Promus Ventures, LifeForce Ventures, Summation Health Ventures, and the Stanford- StartX Fund. Additionally, the Board of Directors elected two new members, Daniel Galles and Mike Collett. Galles is a partner at Providence Ventures and Collett is founder and managing partner of Promus Ventures. Dr. Garrett Vygantas, partner at Jump Capital, will join as Board Observer.