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Endotronix Secures Venture Capital Debt

Monday, January 4, 2016 5:17:00 AM PDT | VentureDeal
   Woodridge, Illinois  --  Medical instrument technology company Endotronix has received $2.46 million in new venture capital debt funding, according to an SEC filing.

Endotronix is developing technology that enables measurements of internal heart pressure anytime and anywhere.

The company says that its product promises to "provide a better patient experience and a lower overall cost of care."

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

Endotronix is still seeking $540,000 in additional debt investment, according to the filing.

25 investors have participated in the offering to date.

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