TRIA Beauty Completes $37M Equity and Debt Financing

TRIA Beauty, a Dublin, CA-based provider of skin care products, completed a $27m in equity and $10m in debt financing.
Following its $15.6m initial closing in August 2010, the company has secured additional $21m from existing and new investors Morgan Stanley Alternative Investment Partners and Silicon Valley Bank.
TRIA Beauty plans to use the new funds to continue to commercialize its light-based skincare products globally.
The company, which is led by CEO Kevin Appelbaum, also added Mike Valentino and Ed Unkart to its board of directors.

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