Deal Announcements

iCardiac Completes Series A With $4M

Tuesday, November 07, 2006 7:45:00 AM PDT | VentureDeal Staff


iCardiac Technologies, Inc., announced that it has closed its Series A round by getting an additional $2 million investment.  Total investment for the round was $4 million.

iCardiac was formed earlier this year to commercialize technologies licensed from the University of Rochester that enable the identification of biomarkers in drugs that would increase cardiac risks.

Investors Advantage Capital Partners and Stonehenge Capital Company led the round and invested in conjunction with New York's Certified Capital Companies program.

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