San Clemente-based ReShape Medical Inc. received a $38 million round of financing.
The company, which makes a medical device used by people who don’t want or do not qualify for traditional weight-loss surgery, plans to use the funds to support the commercialization of its newly approved ReShape Integrated Dual Balloon.
New York-based HealthCor Partners Management LP led the round. Other investors include Geneva-based Endeavour Vision SA and existing investors, such as Boston-based SV Life Sciences.