Arbor draws another $5.5M for heart-valve replacements
(UPDATED: See below.)
Irvine, Calif.-based Arbor Surgical Technologies, a developer of minimally invasive heart-valve replacement devices, raised another $5.5 million in its third funding round, VentureBeat Life Sciences has learned. The cash came courtesy of the Laguna Fund, a new investor, and Delphi Ventures and Alloy Ventures, which have participated in previous funding rounds.
Arbor said it raised $20 million in the round in late January, so the extension brings that round to a total of $25.5 million…. Continue Reading