CircuLite Raising $33 Million Third Round
CircuLite Inc., a Saddle Brook, N.J.-based developer of minimally-invasive devices for long-term partial circulatory support, has secured $23.5 million in Series C commitments from insiders, for a round designed to raise a minimum of $33 million. The remainder is expected to come from outsiders. Forbion Capital Partners led the tranche (or which $10.5 is called down), and was joined by Crédit Agricole Private Equity, Foundation Medical Partners and Oxford Bioscience Partners.
11 March 2009•4 mins read
