SurgRx, a company that seals human tissue, raises $20M (video)
SurgRx, a Redwood City, Calif. maker of technology that uses heat and electric current to seal human tissue for medical purposes, has raised $20 million in fifth round of financing, VentureWire is reporting (sub required).
Hedge fund Magnetar Capital led the round, which included backers Alta Partners, Prospect Venture Partners, New Enterprise Associates and California Technology Ventures, the report said, citing Ed Unkart, the company’s chief financial officer.
The technology is used as part of a “jaw”… Continue Reading