Tuesday, October 20, 2009

Aviir Gets $1.0M

Palo Alto-based Aviir, a firm developing diagnostic tests enabling accurate diagnosis and prognosis of cardiovascular disease based on research out of Stanford, has raised $1.0M in a combination of equity and debt, along with warrants. The funding came to light from a regulatory filing from the firm today. Source of the funding was not announced by the company. According to the filing, the funding will go towards general working capital purposes including the payment of payroll. Vijay Lathi of Sprout Group is listed as a board member in the filing. More information »