EndoEvolution, LLC, a North Chelmsford, MA-based medical device company developing innovative automated suturing devices for minimally invasive surgery (MIS), has received $3.3 million in a Series B financing.
The round was led The Spring Bay Companies.
The company intends to use the funds to launch its initial product, the Endo360°™ MIS suturing device (at next week’s 97th annual American College of Surgeons Clinical Congress, Oct. 23-27, in San Francisco) and to complete development of the 5mm EndoTransformer™, a small automated MIS suturing device.
They both use curved needles and replicate the traditional methods used by surgeons to place stitches and tie intracorporeal knots.
The company is led by founder, President and CEO Jerry Brecher.