M2 Group scores $6M for devices to treat diabetes

M2 Group Holdings, maker of disposable medical devices used to deliver medication for Type 1 diabetes, has raised $6 million of an anticipated $10 million round of equity, according to regulatory filings. Based in Sunnyvale, Calif., the company has previously been backed by Thomas McNerney & Partners.

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Camille was the lead writer for GreenBeat until August 2010. To reach VentureBeat's current writers, email tips@venturebeat.com.

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