NovaSom Inks $35M
Glen Burnie, Md.-based NovaSom Inc., a developer of medical technologies for the sleep disorder market, has raised $35 million in new funding. Publicly traded Safeguard Scientifics led the round, which participation from existing shareholders TPG Biotechnology II Fund and Quaker BioVentures. The money will help fund growth, the company said, and continue development on its diagnostic medical device and cloud-based patient management portals.
27 June 2011•4 mins read
