ViOptix spies $895K to measure tissue oxygen

ViOptix, maker of a device that measures tissue oxygen levels for various medical applications, has brought in $895,000 in equity and debt, according to a filing with the SEC. Last December, during an especially tough time for biotech companies, it successfully raised $4.4 million, closing its fourth round of financing at $16.6 million.

The Fremont, Calif. company is funded by Canadian Medical Discoveries Fund, Channel Medical Partners and Morningside Technology Ventures, BioAsia Management and Lincoln Funds International.

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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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