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Monterey Devices Raises Venture Capital Investment

Tuesday, December 15, 2009 5:37:00 AM PDT | VentureDeal Staff

Soquel, California  --  Medical device company Monterey Devices has raised $2.5 million in a new round of venture capital financing.

Little is known of the company's technology, other than it is developing a novel drug delivery system.

Investors in the round were not disclosed, nor was how the company intends to use the funding proceeds.

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