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Cadence Biomedical Banks $1 Million VC Round

Friday, January 20, 2012 5:36:00 AM PDT | VentureDeal Staff

   Seattle, Washington  --  Medical device company Cadence Biomedical has received $1 million in new venture capital investment.

Cadence is commercializing a medical device that provides "stability and movement assistance to weakened muscles without the use of power."

Investors in the round included HealthTech Capital, Keiretsu Forum Seattle, Sand Hill Angels, Frontier Angels and others.

The company said it would use the funding proceeds to bring its medical device to market this spring.

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