Marina del Rey-based Commons Clinic, an outpatient network offering care for spine, orthopedics and pain management, raised $19.5 million in Series A financing.
The round was led by Boston-based RA Capital Management with participation from existing investors Floating Point, also of Boston, and New York-based Courtside Ventures. Another new investor was Century City-based Time BioVentures.
This round of financing brings the total amount raised by Commons Clinic to $33.5 million, The Los Angeles Business Journal reports.
The company plans to use the funds to deploy additional surgery centers along the Southern California coast. Read more.
