Deal Announcements

TissueLink Completes $20 Million Financing

Monday, July 09, 2007 5:00:00 AM PDT | VentureDeal Staff

DOVER, NH -- Medical device maker TissueLink announced the completion of its series E financing round totaling $20 million.

TissueLink develops and markets disposable surgical devices that reduce or eliminate bleeding during surgical operations.  The company claims that its products have been used in over 100,000 patients worldwide.

Current investors Arnerich Massena & Associates and RiverVest Venture Partners led the round.  The company intends to use the funding proceeds to expand sales and marketing and continue to develop its products.

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