Cohealo reports $9m Series A round for medical device sharing software
September 29, 2014 by Alexander Soule
Cohealo reported raising $9 million in a Series A round led by Romulus Capital and Krillion Ventures for the software it’s developing to help hospitals manage their shared medical device inventory.
Cohealo is developing a system to help hospitals share expensive medical equipment as a way to cut costs, likening the platform to consumer applications like Airbnb, Uber and Zipcar. Proceeds from the Series A round, which included equity and convertible notes, is slated for hiring engineers, sales executives and support staff, according to a press release. Read more
Acutus Medical pulls in $26M
September 30, 2014 by Alexander Soule
Acutus Medical said it secured $26.2 million in new funding for the cardiac mapping technology it’s developing to image and map atrial fibrillation hotspots.
San Diego-based Acutus said the proceeds will cover the finishing work on its AcQMap high-resolution imaging and mapping device and broaden its portfolio into diagnostic and therapeutic catheters and “additional new innovative therapeutic products,” according to a press release. Read more
'Frotox' maker Myoscience raises $8m
September 30, 2014 by Alexander Soule
Myoscience said it landed $8.4 million of a hoped-for $11.5 million for a device that applies extreme cold to the skin as a way to temporarily treat pain and smooth wrinkles.
Founded in 2005, Myoscience had previously disclosed $97 million in funding, with current investors including De Novo Ventures, Accuitive Medical Ventures, Medicis, NMP, Saratoga Ventures and Valiance. Read more
