Velomedix snags $3.5M to treat hypothermia

Velomedix, a biotech company that makes treatments for hypothermia, has raised $3.5 million in a first round of preferred stock, according to a filing with the SEC. Based in Menlo Park, Calif., it is backed by Life Science Angels, Longitude Capital and Wavepoint Ventures.

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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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