Deal Announcements

IDev Technologies Clears $25 Million VC Round

Wednesday, April 16, 2008 5:44:00 AM PDT | VentureDeal Staff

HOUSTON, TX -- Medical device company IDev Technologies, Inc. has raised $25 million in new venture capital investment.

IDev is developing what it calls "next generation medical device products designed for endovascular use."  The company is still in stealth mode and does not have an operating website or further information.

Investors in the round were not disclosed.  The previous round, in the amount of $14.2 million, saw investment from RiverVest Partners, among others.

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