Deal Announcements

NovaSom Adds $35 Million Growth Financing

Tuesday, June 28, 2011 5:51:00 AM PDT | VentureDeal Staff

   Glen Burnie, Maryland  --  Diagnostic medical device company NovaSom has secured $35 million in new venture capital financing according to the company.

NovaSom is a diagnostic service provider for home testing and evaluation of sleep disorders.

Safeguard Scientifics led the round, which included previous investors Quaker BioVentures and TPG Biotech.

The company said it would use the financing to fund its growth initiatives and continue product development.

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