CoolSystems dashes ahead with $2M for sports medicine

CoolSystems, a medical device maker focused on treating post-surgical orthopedic sports injuries, has brought in $2 million of a targeted $3 million round of debt and rights, reports VentureWire. The Alameda, Calif., company last raised funding in August 2007, bringing in $3 million in a seventh round of venture funding from Maxwell Trust, MedVenture Associates and Roda Group, among others.

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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.

With GreenBeat 2009, VentureBeat's all-star conference on all things Smart Grid, coming up in November, Camille will be expanding coverage of this exciting space. Stay up to date by following @greenbeat2009 on Twitter or by becoming a fan of the event on Facebook here.