Blood glucose monitor maker Intuity Medical has raised approximately $26.3 million in a new round of mixed financing, according to a recently posted SEC filing. Fremont, Calif.-based Intuity Medical is developing the Pogo all-in-one automatic blood glucose monitoring system. The Pogo platform incorporates test strips, lancets and a lancing device into a compact meter and cartridge […]
Intuity Medical Inc.
Intuity Medical said today that it added another $15 million to the $40 million Series C round it reported late last year, bringing the round’s total to $55 million. Sunnyvale, Calif.-based Intuity said KCK Group joined round leaders PTV Healthcare Capital and affiliates of Luther King Capital Management as new investors; existing backers Accuitive Medical Ventures, Investor […]
Intuity Medical said today that it raised $40 million in a Series C round for its Pogo 1-step blood glucose meter. Sunnyvale, Calif.-based Intuity said the round was led by PTV Healthcare Capital and included affiliates of Luther King Capital Management, both new investors, and existing backers Accuitive Medical Ventures, Investor Growth Capital, U.S. Venture Partners, Venrock […]
Intuity Medical said today that it won 510(k) clearance from the FDA for its Pogo 1-step glucose meter. Sunnyvale, Calif.-based Intuity said the device is designed to combine the lancing, blood collection and analysis functions involved in measuring blood glucose into a single step. “Pogo’s unique and patented technology has the potential to change the lives of […]
Intuity Medical met it $5.5 million goal in a recent funding round, SEC filings show.
Sunnyvale, Calif.-based Intuity, a spin-off of research group Sarnoff Corporation, is working to simplify diabetes management. The company’s flagship product is the POGO blood glucose monitoring system, which integrates test strips and a lancing device into one system. The POGO technology currently has only investigational device classification, according to the company’s website.
Sunnyvale, Calif.-based Intuity Medical is looking to raise more than $37 million in a funding round launched this month.
The diabetes management devices maker is $12 million dollars in, having raised funds through sales of equity, options and other rights among 17 unnamed investors.
Intuity Medical has been working on an all-in-1 blood glucose testing system, called Pogo, that would eliminate the need for patients to purchase separate testing supplies.
Updated: 08/02/2011 1:30 p.m.
Accuray Inc. (NSDQ:ARAY) priced its proposed offering higher than previous estimates, coming in at $100 million in 3.75 percent convertible senior notes made available to institutional investors.
The sale was set to close yesterday, according to SEC filings.
Diagnostics for All won a $3.0 million grant from the Bill & Melinda Gates Foundation and the United Kingdom’s Dept. for International Development.
The funding, which will be spread over two years, is designated to support the development of three low-cost tests for identifying spoiled milk and infected maize with the goal of boosting productivity on African farms, DFA said