Deal Announcements

ClearCount Medical Clears Series A Venture Capital

Tuesday, October 21, 2008 5:43:00 AM PDT | VentureDeal Staff

Pittsburgh, Pennsylvania  --  Medical device company ClearCount Medical Solutions announced that it has raised $4.1 million in its first round of institutional venture capital financing.

ClearCount Medical provides a surgical sponge management system that assists surgeons in counting and reconciling sponges used during an operation, combined with a sponge detection capability.

Draper Triangle Ventures led the round, which included other undisclosed investors. The company said it will use the funding to accelerate its sales and marketing efforts.

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