Deal Announcements

CardioFocus Raises $5 Million Venture Capital Debt

Tuesday, March 22, 2011 5:54:00 AM PDT | VentureDeal Staff

Marlborough, Massachusetts  --  Medical device company CardioFocus has garnered $5 million in new venture capital debt, according to a company statement.

CardioFocus manufacturers proprietary, disposable fiber-optic catheters for cardiac applications.

Silicon Valley Bank made the loan, which the company said it would use to initiate its pivotal trial in the US and expand its commercialization efforts in Europe.

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