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ArKal Medical Raises Second Venture Capital Round

Wednesday, September 17, 2008 6:02:00 AM PDT | VentureDeal Staff

Fremont, California -- Medical device company ArKal Medical announced that it has secured $7.5 million in its series B round of venture capital funding.

ArKal is developing a continuous glucose monitoring system that it says improves upon the inconveniences of current technologies.

Thomas, McInerney & Partners led the round, which included Delphi Ventures and Med Venture Associates. The company did not disclose how it would use the financing proceeds.

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