Avinger said it closed its latest significant funding round, where both new as well as existing investors participated in the financing.

The Redwood City, Calif.-based company brought in an unspecified amount of money, saying that the funds are expected to go towards continuing the company’s operations.

Avinger also added 3 new members to its board of directors: PIMCO co-founder James Muzzy co-founder, Concorde Capital president John Delfino and Lucas Venture Group founder Donald Lucas joined the company’s board to "provide immediate and impactful additional expertise" to the company.

“This funding represents an additional important milestone for Avinger, and brings us another step closer to a life-long dream of mine to provide practitioners with the first-ever image-guided atherectomy device, helping the millions of patients suffering from PAD,” CEO and founder Dr. John Simpson said in prepared remarks.

Avinger is the maker of the FDA approved Ocelot PIXL catheter system, a vascular imaging system that helps physicians see inside arteries to treat peripheral artery disease.