Bacchus, drug infusion catheter maker, to raise $6.5M more
Bacchus Vascular, a Santa Clara, Calif. maker of a drug infusion catheter, expects to finish raising another $6.5 million round of financing from inside investors, according to VentureWire.
The funding comes from the same investors who poured $7.6 million into the company last year to restart the company, including Warburg Pincus, Kaiser Permanente Ventures and the Vertical Group. This comes after significant financing in previous years, totaling a reported $40 million. Earlier investors Three Arch Partners and De Novo Ventures have passed on reinvesting, VentureWire said.
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