US-based medical device maker ViewRay closes $20m series C round with Siemens Venture Capital in consortium

Siemens Venture Capital (SVC), the corporate venturing division of Germany-based industrial conglomerate Siemens, has led the $20m series C round for ViewRay, a US-based medical device maker.

SVC is a new investor in ViewRay’s venture capital syndicate of Aisling Capital, Kearny Venture Partners, OrbiMed Advisors and Fidelity Biosciences, which invests in healthcare on behalf of mutual fund manager Fidelity Investments as its sole limited partner.

Fidelity and the three VCs had provided $25m to ViewRay’s series B round in 2008…