Intuity Medical Finds $40M
Fremont-based Intuity Medical has raised $42.5M, the company announced today, as the initial tranche of an ongoing $70M funding round for the maker of blood glucose monitoring devices. Intuity said the funding came from Accuitive Medical Ventures, Investor Growth Capital, KCK Group, Luther King Capital Management, PTV Healthcare Capital, U.S. Venture Partners and Versant Ventures. Intuity said it also received $30M in debt funding from Hercules Capital. Intuity develops the POGO Automatic Blood Glucose Monitoring System, used by patients with diabetes.
posted on Monday, January 8, 2018
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