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Acuity Medical Systems Inc.

Interrad closes $10 million Series C round | Funding Roundup

October 5, 2011 By MassDevice staff Leave a Comment

Interrad

Interrad Medical Inc. raised $10 million in a Series C round it plans to spend on the development and commercialization of its SecurAcath catheter stabilization device.

The private placement with high-net-worth angels backing the Minneapolis-based med-tech company was brokered by the RBC Wealth Management Group.

"Recently raising 10 million dollars, in a volatile economy, is clearly a testament to the promise of the SecurAcath technology," said Joe Goldberger, Interrad president & CEO, in prepared remarks.

Filed Under: Funding Roundup, News Well, Wall Street Beat Tagged With: Acuity Medical Systems Inc., EnteroMedics Inc., Goldman Sachs, Interrad Medical Inc.

Eye stimulation device maker Acuity Medical reels in $1.5 million

October 1, 2010 By MedCity News Leave a Comment

MedCity News logo

Acuity Medical Systems Inc. raised $1.5 million from the sale of equity, according to documents filed with the Securities & Exchange Commission.

The company is developing neurostimulation technology to treat dry macular degeneration, a chronic eye disease that primarily affects older patients and causes blurred vision and even blindness in central vision.

Filed Under: Business/Financial News, Neuromodulation/Neurostimulation, News Well, Optical/Ophthalmic Tagged With: Acuity Medical Systems Inc.

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