Xenex Secures $38 Million in Funding Led by Essex Woodlands & Piper Jaffray Merchant Banking

Xenex Disinfection Services, the manufacturer of LightStrike Germ-Zapping Robots™, today announced the investment of $38 million in a funding round led by Essex Woodlands (EW), one of the country’s leading healthcare private equity firms. The financing, which includes new participation from Piper Jaffray Merchant Banking and continued investment from existing investors Malin Corporation and Tectonic Ventures, will be used for growing its sales force, product development, scientific research and international expansion.