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Cardiva Garners Venture Capital Debt Funding

Wednesday, August 13, 2014 5:30:00 AM PDT | VentureDeal
   Sunnyvale, California  --  Medical device company Cardiva Medical has received $12.5 million in venture capital debt financing.

Cardiva has developed technologies to improve vascular access site management.

Investors in the financing were not disclosed.  The agent for the financing round was GE Healthcare Financial Services.

The company said it would use the funds for working capital as it ramps up commercialization of its vascular closure product line.

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