PatientSafe Solutions, a hospital safety company backed by TPG Biotech, a venture unit of private equity firm TPG, has raised $13.3m of a planned $25.7m round, according to a filing with the Securities and Exchange Commission.
This followed the company raising $5.5m of a planned $12m round in June, another filing said.
At the time of the June fundraising news provider VentureWire, which spotted the latest filing, reported that the company had received $73m from investors including venture firms American River Ventures, Camden Partners , Integral Capital Partners , Menlo Ventures , Psilos Group, Shea Ventures, and Valhalla Capital. TPG Biotech led the company’s $30m series B-1 financing.
Joseph Condurso, who joined PatientSafe as president and chief operating officer in 2011, is now listed on its website as chief executive.
PatientSafe Solutions is headquartered in San Diego, California and was founded in 2002.