Deal Announcements

Cardiosolutions Comes Up With $7 Million First Round

Thursday, September 27, 2007 5:00:00 AM PDT | VentureDeal Staff

STOUGHTON, MA -- Medical device spinoff Cardiosolutions, Inc. announced the close of its first round of venture capital investment, receiving $7 million.

Cardiosolutions makes a catheter medical device that offers a less invasive way to repair of the heart's mitral valve.  The device enters through a blood vessel in the inner thigh and can be manipulated to repair the frequently defective valve.

Bioventures Investors led the round.  The funding proceeds will be used to continue development and FDA certification of the device.

Email Page  Email Page | Print Page Print Page

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.
Venturedeal Twitter Venturedeal Facebook Venturedeal Linkedin

PCI - Level1