Deal Announcements

CSA Medical Receives Second VC Investment

Friday, December 16, 2011 5:55:00 AM PDT | VentureDeal Staff

   Baltimore, Maryland  --  Medical device company CSA Medical has secured $20.5 million in its second round of institutional venture capital funding.

CSA is developing technologies that utilize cryotherapy to quickly and easily ablate unwanted tissue during endoscopic procedures.

Intersouth Partners and First Analysis co-led the round, which also included SV Life Sciences, Blue Heron Capital and others.

The company said it would use the financing proceeds to fund post-market clinical studies and to support new indications for its medical device system.

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