Zeno Corp. Gets $20M

Houston-based Zeno Corp., a developer of a handheld device to treat acne, has raised $20M in a funding round, according to a regulatory filing from the firm Monday. According to the filing, the firm received $6M in cash plus $14M for "services to be rendered" to an investor. Name of the investor was not disclosed. Zeno is backed by Sante Ventures, Catterton Partners, and Austin Ventures, and had raised $28M in an equity round in July of 2008.
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Author: Melissa Fritsche
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