Monday, May 6, 2013

Channel Medsystems Nabs $9.7M For Cryoablation Device

San Francisco-based medical device developer Channel Medsystems said last week that it has raised $9.7M in a Series B funding round. The round was led by Boston Scientific, and also included InCube Ventures, Aperture Ventures, Scientific Health Development II and STCM Ventures. The firm said the funds will go towards continued development and its regulatory efforts. More information »