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Cervilenz Sees Series A Venture Capital Financing

Thursday, May 14, 2009 5:38:00 AM PDT | VentureDeal Staff

Chagrin Falls, Ohio  --  Medical device company Cervilenz has secured $4 million in its first round of institutional venture capital financing.

Cervilenz has developed an FDA cleared device that predicts preterm birth risk by accurately measuring cervical length in pregnant women.

Arboretum Ventures led the round, which also included Chrysalis Ventures. The company did not disclose how the funding procedure could be used.

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