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Sanarus Medical Raises $15 Million Series E

Friday, March 16, 2007 6:00:00 AM PDT | VentureDeal Staff

PLEASANTON, CA -- Sanarus Medical announced that it has closed its fifth round of financing, securing $15 million in new investment.

Easton Capital Partners and Mosaix Ventures led the round, which included U.S. Venture Partners, Forward Ventures, Alta Partners, Federated Kaufmann Fund, Pequot Ventures, Industry Ventures and Channel Medical Partners.  The last financing the company received was $23 million in 2005.

The company is developing a range of treatments for benign breast tumors.

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