Concentric Medical Raises $15 Million
Concentric Medical Inc., a Mountain View Calif.-based developer of medical devices for restoring blood flow in people who have suffered ischemic strokes, has raised $15 million in new VC funding led by existing backer New Enterprise Associates. The company had previously raised around $53 million from firms like NEA, SV Life Sciences, Oxford Bioscience Partners and ProQuest Investments. Last February, Concentric Medical canceled a proposed $69 million IPO.
8 January 2009•3 mins read
