Miramar Labs said today it won FDA 510(k) clearance for its miraDry system, indicated for treatment and permanent reduction of underarm hair of all colors. The device uses a proprietary microwave energy platform to remove hair, the Santa Clara, Calif.-based company said. This allows the device to permanently reduce hair of all colors, something limited […]
Miramar Labs said it landed a $10 million Series D round it plans to use to boost sales of its miraDry system.
Sunnyvale, Calif.-based Miramar makes dermatology devices including its flagship miraDry system, a laser-based treatment for excessive underarm sweat. The device, which uses microwave energy to eliminate sweat glands, recently won CE Mark approval in the European Union.
Miramar Labs Inc. raised $35.8 million in a Series C funding round, leaving them just shy of their $36 million goal, according to an SEC filing.
The Sunnyvale, Calif.-based company’s claim to fame is miraDry, a laser-based treatment for excessive underarm sweat. The device uses microwave energy to cook sweat glands in two hour-long noninvasive doctor’s office visits.
The company plans to use the funds to begin marketing the device, according to Xconomy.