Inceptus Medical, LLC, an Aliso Viejo, CA-based medical device company incubator, completed a $4.5M Series B financing for Okami Medical Inc.
The round was led by members of the board of directors, U.S. Venture Partners (USVP) and medical device industry veterans. In conjunction with the funding, Jonathan Root, M.D., General Partner at USVP, joined the Okami Board of Directors.
The financing will provide the resources to develop and commercialize innovative devices for the interventional treatment of cardiovascular disease. Okami Medical’s management team, which include Bob Rosenbluth, Brian Cox and Paul Lubock, will lead the company’s product development, clinical evaluation and product launch.