Endoscopic Technologies, a company known as Estech that makes devices for minimally-invasive heart surgeries, has tacked $8 million onto an open second round of funding, bringing its total to $19.3 million. The new money will be used to boost the San Ramon, Calif. company to profitability, it says.
The extension came from NBGI Ventures, Saints Capital Everest, Telegraph Hill Partners and Waveland Venture Partners. Estech says it hopes to add $3 to $4 million more before closing the round. It previously raised $5 million in 2003, reports VentureWire.