SafeStitch Medical reported raising $3 million in a March 28, 2013, regulatory filing:
Company: SafeStitch Medical
Raise: $3 million
Security: Equity, Options & Warrants
Investors: 17
Sales Commission: $0
Finders’ Fees: $0
The Medical Device Business Journal — Medical Device News & Articles | MassDevice
SafeStitch Medical reported raising $3 million in a March 28, 2013, regulatory filing:
Company: SafeStitch Medical
Raise: $3 million
Security: Equity, Options & Warrants
Investors: 17
Sales Commission: $0
Finders’ Fees: $0
iRhythm Technologies said it closed a $16 million Series D round for its Zio wearable heart monitor, saying it plans to use the proceeds to further its commercial footprint and research & development efforts.
Led by Norwest Venture Partners, which added partner Casper de Clercq to iRhythm’s board, the latest financing including contributions from existing backers New Leaf Ventures, Synergy Life Science Partners and Kaiser Permanente Ventures.
Ablative Solutions reported raising $1.1 million in an April 4, 2013, regulatory filing:
Company: Ablative Solutions
Raise: $1.1 million
Security: Debt, Options/Warrants
Investors: 13
Sales Commission: $0
Finders’ Fees: $0
MiCardia reported raising $3.7 million in a April 3, 2013 regulatory filing:
Company: MiCardia
Raise: $3.7 million
Security: Debt, Options/Warrants
Investors: 17
Sales Commission: $0
Finders’ Fees: $0
Cyto Wave Technologies reported raising $1 million in an April 4, 2013, regulatory filing:
Company: Cyto Wave Technologies
Raise: $1 million
Security: Equity
Investors: 10
Sales Commission: $0
Finders’ Fees: $0
NxThera reported raising $3.5 million in an April 4 regulatory filing:
Company: NxThera
Raise: $3.5 million
Security: Debt; Options/Warrants
Investors: 17
Sales Commission: $0
Finders’ Fees:$0
North Chelmsford, Mass.-based medical device startup EndoEvolution named a new chief executive as the company closed a $5 million funding round in support of new commercialization efforts.
Ron Rudowsky was appointed president & CEO of the automated suturing devices maker, taking the place of EndoEvolution founder Jerry Brecher, who will remain "closely involved" as the company heads to the market.
San Clemente, Calif.-based Altura Medical has raised $6 million of a hoped-for $10 million in equity funding, according to regulatory filings.
The privately held medical device startup didn’t disclose the names of the 4 investors currently subscribed to the financing round, but past investors include SV Life Sciences, New Leaf Venture Partners and Advanced Technology Ventures, according to a company statement.
Medical device makers reported nearly $29 million in campaign contributions in 2012, with nearly 40% of that coming from just the top 5 donors.
AtheroMed said it’s raised a $6 million equity round, taking its total funding raise since 2009 to $20 million, according to regulatory filings.
The Menlo Park, Calif.-based medical device company is developing an atherectomy device for treating peripheral artery disease, according to its website.
AtheroMed is still flying under the radar, to judge by the 1-page website, which provides only an email link to contact the company.