Securus Medical Group Raises $750K in Series A Funding

Securus Medical Group, a Cleveland, OH-based company that develops a product that provides real-time temperature mapping within a hollow body cavity, has raised $750k of a $1.5m Series A funding round.

Investors include RiverVest Venture Partners, which committed $500k, and JumpStart, which committed $250k.

Securus intends to use the funds to develop its initial product, the L-View™ Probe, a temperature mapping system that is expected to have different clinical applications where the risk of thermal organ damage is high.

The company recently received a $350k grant from the Global Cardiovascular Innovation Center.

FinSMEs

02/08/2011

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