Endoscopic Tech nabs $11M for heart surgery tools
Medical device maker Endoscopic Technologies brought in an $11 million tranche of second-round funding from Boston Scientific, Telegraph Hill Partners and Saints Capital. The money will be used to further develop the San Ramon, Calif. company’s line of devices that aid in cardiothoracic surgeries like bypasses and valve repairs, reports VentureWire.
Operating under the name Estech, it raised a previous $5 million tranche in 2003. Psilos Group joined Telegraph in that investment. An undisclosed influx of cash also came from Boston Scientific in early 2004.
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About the Author, Camille Ricketts
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.
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