SoundBite Medical Solutions tops up Series A round to $25 mln

Montréal medical device company SoundBite Medical Solutions Inc has closed a second tranche of its Series A financing. SoundBite raised $5.2 million more from its investors, bringing the round's total to $25 million. The Series A's first tranche, announced in April, was led by Fidelity Investments Canada ULC. Founded in 2015 by Steve Arless, Martin Brouillette, Louis-Philippe Riel and Steven Dion, SoundBite is a developer of shock wave technology to address needs in interventional vascular treatment. It will use the funds raised to further advance clinical and product development programs over the next 30 months.

13 June 2018•2 mins read
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