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Skyline Medical raises funds to pay corporate salaries

July 25, 2014 by Arezu Sarvestani

Skyline Medical reveals in an SEC filing that it raised about $733,000 to help pay its officers and directors.

Skyline Medical raises funds to pay corporate salaries

Minnesota device maker issued a series of updates this month on its legal and financial dealings, including that it secured more than $733,000 to help pay for its corporate expenses.

DICOM Grid raises $6M in an inside funding round | Medtech funding for the week of July 21, 2014

July 25, 2014 by MassDevice

Here's a look at some of the top funding stories for medical device companies this week: DICOM Grid raises $6M for cloud-based medical imaging systems; Welch Allyn leads $7M round for Cardiac Insight; Biolase launches $12M private placement amid internal turmoil, shares soar; Trice Medical reels in $12M, ex-Embrella founder O'Donnell

DICOM Grid raises $6M for cloud-based medical imaging systems

July 18, 2014 by Arezu Sarvestani

DICOM Grids raises $6M for cloud-based imaging management

Trice Medical reels in $12M, ex-Embrella founder O'Donnell

July 23, 2014 by Brad Perriello

Trice Medical says it reeled in the 1st tranche of a nearly $12 million Series B round and named ex-Embrella Cardiovascular Jeffrey O'Donnell Sr. as chairman & CEO.

Trice Medical reels in $12M, ex-Embrella founder O'Donnell

Trice Medical said it raised the 1st tranche of an $11.6 million Series B round and named medtech veteran Jeffrey O'Donnell Sr. as its new CEO.

Welch Allyn leads $7M round for Cardiac Insight

July 22, 2014 by Brad Perriello

A $7 million funding round for Cardiac Insight, 1st reported by MassDevice.com, was led by Welch Allyn and includes exclusive global distribution rights, the companies said yesterday.

Welch Allyn leads $7M round for Cardiac Insight

Biolase launches $12M private placement amid internal turmoil, shares soar

July 21, 2014 by Arezu Sarvestani

Wall Street rallies as dental laser maker Biolase raises $12 million through a private placement round, even as the company deals with an ongoing civil war involving ousted CEO Federico Pignatelli.

Biolase launches $12M private placement

California-based Biolase (NSDQ:BIOL) announced today that it secured $12 million in a private placement funding round, even as the company weathers the internal tumult following the ouster of former CEO Federico Pignatelli.

DICOM Grid raises $6M for cloud-based medical imaging systems

July 18, 2014 by Arezu Sarvestani

DICOM Grid touts $6 million raised in an inside funding round in support of the company's cloud-based medical imaging management and exchange platform.

DICOM Grids raises $6M for cloud-based imaging management

Vermont medical imaging services provider DICOM Grid today announced that it raised $6 million in an inside funding round, with investment coming from Canaan Partners, CHL Medical Partners, the Mayo Clinic and several individual investors.

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Medtech funding soars in Minnesota in Q2

July 17, 2014 by Arezu Sarvestani

A new investment report from Minnesota's LifeScience Alley shows a major year-over-year surge in medical device funding in the state.

Medtech funding soars in Minnesota in Q2

Minnesota medical device startups got a big boost in funding in the 2nd quarter of 2014, with 134% more money invested than during the same period last year, according to a new report.

The numbers suggest greater interest in early-stage deals, according to LifeScience Alley, the North Star State's medical device and life sciences lobbying group.

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