HotSpur launches dialysis technology with new $2.75M

HotSpur Technologies, developer of technology for less invasive dialysis, has brought in $2.75 million to bring its two lead products to market. Based in Mountain View, Calif., the company is backed by Onset Ventures, Bio-Star Private Equity Fund, Finistere Partners, Saratoga Ventures, Three Arch Partners and Versant Ventures. It last raised money in November 2008, bringing in $1.75 million in a first round. Dow Jones VentureWire reports that it will need to raise $5 to $7 million in a third round in order to break even in the next year.

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