About WaveTec Vision
WaveTec Vision is a Healthcare company based in Aliso Viejo (United States) founded in 1997, and was acquired by Alcon in August 2014. Intraoperative guidance for IOL alignment in cataract surgery is offered. WaveTec Vision has raised $85.16 million across 10 funding rounds from investors including Alcon, Burrill and Company and Accuitive Medical Ventures. The company has 64 employees. The company was acqui-hired. Its focus areas include Life Sciences, Ophthalmology, Medical Devices and Therapy. Its legal entity is WAVETEC VISION SYSTEMS INC. Its competitors include RxSight, STAAR Surgical and Atia Vision; 2 of its 3 listed competitors have raised funding.
Company details
WaveTec Vision developed the ORA intra-operative guidance system for cataract surgery. The ORA System allows surgeons to see incisions and IOL alignment in real-time to support optimal positioning of IOLs during cataract surgery. The ORA System performs additional measurements to confirm the surgeons lens selection and placement within the eye. ; Acquired by Alcon (part of Novartis) in Aug 2014. The ORA intra-operative guidance system complements Alcons Verion image-guided pre-operative diagnostic system by measuring and confirming lens selection and placement when implanting IOLs.
- Headquarters Aliso Viejo, United States
- Employees 64
- Stage Acquired
- SectorsHealthcare
- Website wavetecvision.com
- Social LinkedIn
- Acquired by Alcon (Aug 2014)
- Legal Name Wavetec Vision Systems Inc
Funding Insights of WaveTec Vision
WaveTec Vision has successfully raised a total of $85.16M across 10 strategic funding rounds. The most recent funding activity was a Series D round of $2.89 million completed in March 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $85.16M
- Total Rounds 10
- Last Round Series D β $2.89M
- First Round $13M
(May 2007)
- Investors Count 4
All 10 funding rounds of WaveTec Vision with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2014 | $2.89M | Series D | β | β | β |
| Feb 2014 | $750,000 | Series D | β | β | β |
| Jun 2013 | $11M | Series D | β | β | β |
| Apr 2012 | $16.5M | Series D | β | Burrill and Company | |
| Feb 2012 | $1.5M | Series D | β | β | β |
| May 2011 | $15.92M | Series D | β | Versant Ventures | |
| Jan 2011 | $3.5M | Series C | β | β | β |
| Jul 2010 | $6M | Debt – Conventional | β | β | β |
| Feb 2009 | $20.1M | Series C | β | De Novo Ventures, Versant Ventures | β |
| May 2007 | $13M | Series B | β | Accuitive Medical Ventures |
5 investors in total: 5 institutional.
Investors in WaveTec Vision
WaveTec Vision has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Alcon, Burrill and Company and Accuitive Medical Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage US healthcare investments are made by Accuitive Medical Ventures. | amvpartners.com | Duluth, United States | ||
| denovovc.com | ||||
Venture capital firm managing investments in biotechnology and pharmaceuticals since 1999. | versantventures.com | |||
Multi-category products are listed on an online B2B platform. | 1994 | burrillandco.com | Wuxi, China | |
Developer of a wide range of eye care products | 1945 | alcon.com | Fort Worth, United States |
Investor details for WaveTec Vision
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of WaveTec Vision
4 dated milestones of WaveTec Vision across 17 years, from founding to its latest funding, stage changes and deals.
- Founded WaveTec Vision is founded.
- Funding First funding round of $13.0M.
- Funding Latest funding round, Series D, of $2.9M.
- Exit Acquired by Alcon.
Competitors of WaveTec Vision
WaveTec Vision has 3 listed competitors in our database, 2 of them funded. They include RxSight, STAAR Surgical and Atia Vision.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rxsight.com | 1997 | Aliso Viejo, United States | $198.73M | 263 | Adjustable intraocular lens technology is developed using UV-sensitive macromers. | |
| staar.com | 1982 | Monrovia, United States | 1,115 | Manufacturer of implantable lenses for the eye with companion delivery systems | ||
| atiavision.com | 2012 | Campbell, United States | $67M | A presbyopia-correcting intraocular lens is developed for cataract patients. |
Detailed competitors of WaveTec Vision
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of WaveTec Vision
The website of WaveTec Vision (wavetecvision.com) receives about 4.5K visits a month.
- Monthly visits4.5K
▲ 174% vs previous month
Websites whose visitors overlap most with WaveTec Vision. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| claritymsi.com | 100% | View details | |||
| wavetec.com | 100% | 77.1K | #474,597 | View details | |
getorasystem.com | getorasystem.com | 96% | β | ||
oraguided.com | oraguided.com | 69% | β |
Top companies in Ophthalmology
3 companies that operate in the same segment as WaveTec Vision (Ophthalmology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of a wide range of eye care products | 1945 | Fort Worth, Texas, United States | USD 171.61 M | USD 9.64 B | 25,600 | |
Genetic medicines are developed by 4DMT for transformative therapies. | 2013 | Emeryville, California, United States | USD 186.59 M | USD 85.21 M | 227 | |
Developer of antibodies to treat complement-mediated neurodegenerative diseases | 2011 | San Francisco, California, United States | USD 256 M | 100 |
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Frequently Asked Questions about WaveTec Vision
WaveTec Vision was founded in 1997 and raised its 1st funding round 10 years after it was founded.
WaveTec Vision is headquartered in Aliso Viejo, United States. It is registered at Aliso Viejo, California, United States.
WaveTec Vision is a funded company, having raised a total of $85.16M across 10 funding rounds to date. The company's 1st funding round was a Series B of $13M, raised on May 2007.
WaveTec Vision has 64 employees.
WaveTec Vision developed the ORA intra-operative guidance system for cataract surgery. The ORA System allows surgeons to see incisions and IOL alignment in real-time to support optimal positioning of IOLs during cataract surgery. The ORA System performs additional measurements to confirm the surgeons lens selection and placement within the eye. ; Acquired by Alcon (part of Novartis) in Aug 2014. The ORA intra-operative guidance system complements Alcons Verion image-guided pre-operative diagnostic system by measuring and confirming lens selection and placement when implanting IOLs.
WaveTec Vision's top competitors include RxSight, Atia Vision and STAAR Surgical.
WaveTec Vision has 5 investors. Key investors include Alcon, Burrill and Company, Accuitive Medical Ventures, De Novo Ventures, and Versant Ventures.
WaveTec Vision operates through Wavetec Vision Systems Inc.
Yes. WaveTec Vision was acquired by Alcon in August 2014.
