CoolSystems dashes ahead with $2M for sports medicine

CoolSystems, a medical device maker focused on treating post-surgical orthopedic sports injuries, has brought in $2 million of a targeted $3 million round of debt and rights, reports VentureWire. The Alameda, Calif., company last raised funding in August 2007, bringing in $3 million in a seventh round of venture funding from Maxwell Trust, MedVenture Associates and Roda Group, among others.

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