Medical device company ArKal Medical raises $17.5M

ArKal Medical, a Fremont, Calif. company that makes a continuous glucose monitoring system, has raised $17.5 million in a second round of funding. Thomas McNerney & Partners led the round with previous investors MedVentures Associates and Delphi Ventures participating.

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Eric wrote about digital media for VentureBeat until August 2009. To reach VentureBeat's current writers, email tips@venturebeat.com.

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