ZipLine Medical Closes $4.3M Series C Financing

ziplineZipLine Medical, a Campbell, Calif.-based medical device company, closed a $4.3m Series C financing.

The round was led by new investor RA Capital Management LLC, with participation from existing investors XSeed Capital (Portola Valley, Calif.) and Claremont Creek Ventures (Oakland, Calif).

The company intends to use the funds to expand sales and marketing efforts.

Founded in 2009 by Amir Belson, M.D. and led by John Tighe, President and CEO, ZipLine Medical develops noninvasive surgical skin closure devices for suture-like outcomes at the speed of staples, which have applicability across multiple medical specialties and are classified by the U.S. FDA as “Class I, Exempt”.

FinSMEs

21/01/2014

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