Gynesonics Raises $16.5 Million

Gynesonics Inc., a Redwood City, Calif.-based developer of a minimally-invasive device to treat uterine fibroid tumors, has raised $16.5 million in Series B funding. Advanced Technology Ventures led the deal, and was joined by InterWest Partners and Abingworth Management. www.gynesonics.com < ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />