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Series B brings in $6.5mm for Securus Medical

Executive Summary

Securus Medical Group Inc. made the initial closing on its $6.5mm Series B venture round, led by new investor 3X5 Special Opportunity Fund. Current shareholders the University of Michigan and RiverVest Venture Partners also participated. The company will use the money to continue developing its Aurora thermographic mapping system, which monitors temperature during energy-based surgical procedures.
Deal Industry
  • Medical Devices
  • Medical Devices
    • Monitoring Equipment & Devices
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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