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EndoStim Nets New Private Investment

Tuesday, December 6, 2011 5:54:00 AM PDT | VentureDeal Staff
St. Louis, Missouri  --  Medical device company EndoStim has secured $5.5 million in new venture capital investment, according to an SEC filing.

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

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

EndoStim is backed by Prolog Ventures, Sante Ventures and others.

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