Cardiac monitor maker iRhythm looks to insiders for $6.5M
iRhythm Technologies, maker of a recently-launched cardiac monitoring device, has raised an additional $6.5 million in a first round of funding from existing investors, bringing the two-year-old round’s total to $19 million. Based in San Francisco, the company will use the money to more widely market its product after getting the Food and Drug Administration’s stamp of approval earlier this year.
It should be enough to push iRhythm to break even, the company says. All of… Continue Reading