Estech pumps in $8M for heart surgery tools
Endoscopic Technologies, a company known as Estech that makes devices for minimally-invasive heart surgeries, has tacked $8 million onto an open second round of funding, bringing its total to $19.3 million. The new money will be used to boost the San Ramon, Calif. company to profitability, it says.
The extension came from NBGI Ventures, Saints Capital Everest, Telegraph Hill Partners and Waveland Venture Partners. Estech says it hopes to add $3 to $4 million more before closing the round. It previously raised $5 million in 2003, reports VentureWire.
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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.