RF Surgical Systems Raises $8.2M

RF Surgical Systems, a developer of medical devices for tracking surgical sponges, said Friday morning that it has raised $8.2M in a venture funding round from Menlo Ventures and Stanford University. The firm's R&D operations are based in San Diego, with headquarters in Bellevue, Washington. The company said the funding brings the company's total raised to $20M. The firm's products are used to detect sponges in patients prior to surgical closing procedures. More information »