Monday, July 2, 2007

Paracor Medical Raises $44.35M

Sunnyvale-based Paracor Medical has raised a $44.35M Series D round, the firm said late last week. The round was led by Aberdare Ventures, a new investor in the firm, and also included Montagu Newhall Associates, Delphi Ventures, Pequot Ventures, InterWest Partners, Alta Partners, DeNovo Ventures, Saratoga Ventures, and Palo Alto Investors. Paracor said that the funding will go towards clinical trails of the firm's heart failure treatment device. More information »