Wednesday, January 6, 2010

Intuity Medical Scores $64M

Sunnyvale-based Intuity Medical, a developer of blood glucose monitoring products for diabetes management, announced yesterday that it has raised $64M in a Series D financing round. The round was led by new investors Venrock and Emergent Medical Partners, and also included prior investors Investor Growth Capital, Thomas, McNerney and Partners, U.S. Venture Partners, and Versant Ventures. Intuity said the new funding will go towards U.S. commercialization and distributin of its fully integrated blood glucose monitor. More information »