California-based Caymus Medical is looking to raise $10 million through sales of equity, according to an SEC filing submitted this week.
Caymus has raised $3.9 million so far from 19 investors, according to the filing. Investors’ names were not listed and the company didn’t specify what it plans to do with the funds.
The $10 million attempt is Caymus’ 3rd reporting financing round. The company in 2010 closed a $1 million equity round attributed to 27 investors and in 2011 launched a $5.5 million round that has so far raised $1.4 million from 20 listed investors.
Caymus has remained relatively stealthy, with few mentions of the company online, but it has a few patents to its name.
The patents, 2 of which were published in 2011 and 1 just earlier this year, cover "systems and methods for percutaneous intravascular access and guidewire placement," "systems and methods for creating arteriovenous fistulas" and "intravascular arterial to venous anastomosis and tissue welding catheter.