Otonomy raises $45.9M in series C

Ear disorder company Otonomy Inc. (San Diego, Calif.) raised $45.9 million in a series C round led by OrbiMed Advisors. New investors Aperture Venture Partners and Osage University Partners also participated along with existing investors Avalon Ventures; Domain Associates; Novo Ventures; RiverVest Venture Partners; and TPG Biotech. OrbiMed's Chau Khuong joined Otonomy's board. ...