Deal Announcements

EndoStim Raises $6 Million Series B Funding

Tuesday, July 20, 2010 5:31:00 AM PDT | VentureDeal Staff

St. Louis, Missouri  --  Medical device company EndoStim has secured $6 million in its second round of institutional venture capital investment.

EndoStim says that it is "developing novel micro stimulator technology to treat a number of widely prevalent sphincter related disorders."

Sante Ventures led the round, which also included Prolog Ventures and other investors. The company said it would use the financing to continue clinical trials.

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