Originally Published MX September/October 2004
BUSINESS NEWS
VC funding highlightsAlveolus Inc. (Charlotte, NC) has raised $10 million, which it will use for the commercial launch of its tracheobronchial stent technology system. MDS Capital Corp. (Toronto) led the investment.
IntraPace Inc. (Menlo Park, CA) has raised $14.6 million, which it will use to complete a U.S. safety trial for its endoscopically delivered gastric pacemaker.
Toucan Capital Corp. (Bethesda, MD) and Oxford Bioscience Partners (Boston) led the investment.
LipoSonix Inc. (Bothell, WA) has raised $27 million. LipoSonix develops noninvasive cosmetic therapy procedures based on high-intensity ultrasound technology. Three Arch Partners (Portola Valley, CA) led the investment.
Zonare Medical Systems Inc. (Mountain View, CA) has raised $34 million. Zonare is developing an ultrasound platform. Montagu Newhall Associates (Owings Mills, MD) led the investment.
AngioScore Inc. (Alameda, CA) has raised $15 million, which it will use to complete the U.S. clinical trial for and to initiate the worldwide launch of its scoring catheter.
Psilos Group Management (New York City) and California Technology Ventures (Pasadena, CA) led the investment.
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