Friday, November 11, 2016

Intuity Medical Takes $40M More For Blood Glucose Meters

Sunnyvale-based Intuity Medical, a developer of a blood glucose meter called the POGO, has raised $40M in a Series 3 funding, the company announced on Thursday. The funding was led by PTV Healthcare Capital, along with Luther King Capital Management, Accuitive Medical Ventures, Investor Growth Capital, U.S. Venture Partners, Venrock and Versant Ventures. Intuity's blood glucose meter provides automatic testing without need for separate strips and lancets. Emory Anderson is President and CEO of Intuity Medical.