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Cardiva Medical Collects Venture Capital Equity

Thursday, August 21, 2014 5:30:00 AM PDT | VentureDeal
   Sunnyvale, California  --  Medical device technology company Cardiva Medical has received $16.5 million in new venture capital funding.

Cardiva has developed an approach to secure vascular access site management without leaving anything behind in the artery or tissue tract.

Investors in the round included the Canepa Advanced Healthcare Fund, PTV Sciences, Amkey Ventures and others.

The company said it would use the proceeds to expand commercial efforts for its vascular closure system in the US.

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