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.
Life sciences briefing: Monday, Aug. 6, 2007
(UPDATED at 5:05 p.m. PDT; see below.)
(As part of my ongoing effort to strike the right balance between keeping up with venture-business news and writing more analysis, I’m inaugurating a daily briefing that will collect deal-related news items from the life sciences in one place. I’ll continue updating this post throughout the day as the news dictates. Comments on this or any other feature of this blog are always welcome; sound off below. For more on… Continue Reading