Synaptive Medical raises $5m

Synaptive Medical has raised approximately $5 million in a new round of debt and options financing, according to a recently posted SEC filing. The Toronto-based company has not yet stated how it plans to spend funds raised in the round. Synaptive Medical produces medical devices intended to facilitate surgical planning, navigation, robotic automation, digital microscopy and informatics through an interconnected platform, according to its website. Money in the round came from a single unnamed investor, according to the filing, with the first date of sale noted as having occurred on March 26. Last month, Synaptive Medical said that it named Sandra Clarke as its new finance chief.
Source: Mass Device - Category: Medical Devices Authors: Tags: Business/Financial News Wall Street Beat Synaptive Medical Source Type: news