Let there be better light: Invuity files for a $69 million IPO

Invuity, which markets enhanced surgical illumination devices, filed on Friday with the SEC to raise up to $69 million in an initial public offering.

The San Francisco, CA-based company, which was founded in 2004 and booked $13 million in sales for the 12 months ended December 31, 2014, plans to list on the NASDAQ under the symbol IVTY. Invuity initially filed confidentially on March 13, 2015. Piper Jaffray, Leerink Partners and Stifel are the joint bookrunners on the deal. No pricing terms were disclosed.