Accumetrics Raises $16.5M in New Capital Financing

San Diego, CA-based Accumetrics, Inc., developer and marketer of the VerifyNow System, a diagnostic system for measuring an individual’s response to multiple antiplatelet agents, has completed a $16.5m round of financing.
The capital, which will finance the company into 2011, came from the company’s existing investors, including Arnerich Massena, BBT Fund/Apothecary Capital, Essex Woodlands Health Ventures, Kaiser Permanente Ventures and RiverVest Venture Partners.
The capital will be funded in two closing transactions, with the first in 2009 and the second in 2010 and the proceeds will finance the completion of a number of key milestones planned for 2010 including expanded claims for existing products, new product development and continued expansion of its commercialization efforts both internationally and within the United States.
FinSMEs
06/10/2009

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