Monday, July 18, 2016 5:02:00 AM PDT | VentureDeal
Woodridge, Illinois -- Digital healthcare technology company Endotronix has received $32 million in its third round of institutional venture capital funding.
Endotronix has developed a wireless sensing system for pulmonary artery pressure. The company was founded in June 2007 by Anthony Nunez and Harry Roland. The company said it would use the funding proceeds to fund its clinical program in order to commercialize its cloud-based outpatient management system. It will also use the proceeds to run a safety and feasibility study for its implantable wireless pulmonary artery sensor. Investors in the financing included BioVentures Investors, SV Life Sciences, Aperture Venture Partners and Lumira Capital.
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