Monday, August 1, 2011

Intuity Medical Raises $76M

Sunnyvale-based Intuity Medical announced this morning that it has raised $76M in funding, in a second close of a previously announced Series D funding. The new funding added Accuitive Medical Ventures, which joins the firm's prior investors, Investor Growth Capital (IGC), Thomas McNerney and Partners, Venrock, Versant Ventures and U.S. Venture Partners. The firm is developing gllucose monitoring technologies for diabetes management. The company had announced the first close of the round in January of 2010, worth $64.0M. More information »