Cheetah Medical raises $7m

Cheetah Medical said last week that it raised $7 million in an equity round. The Newton, Mass.-based company makes noninvasive hemodynamic monitoring devices using an algorithm designed to allow physicians to examine a patient’s full hemodynamic profile. In a regulatory filing, Cheetah Medical said 16 unnamed investors participated in the round, with the first sale coming April 12. The firm raised $11.8 million in an expanded Series C round last September, involving MVM Life Science Partners, Springfield Investment Management, Fletcher Spaght Ventures, HighCape Partners and Robert Basch Venture Capital. The post Cheetah Medical raises $7m appeared first on MassDevice.
Source: Mass Device - Category: Medical Devices Authors: Tags: Funding Roundup Patient Monitoring Cheetah Medical Source Type: news