Friday, July 25, 2008

RF Surgical Systems Takes $8.2M

Bellevue-based RF Surgical Systems said this morning that it has raised $8.2M in a Series A round of venture funding. The funding came from Menlo Ventures and Stanford University. According to the firm, the funding brings the company's total raised this year to over $12M, and to a total of over $20M since the inception of the company. RF Surgical Systems develops a surgical sponge detection system which looks for surgical sponges and other items in patients before surgical closing. The firm said the funding will go to expand its systems into acute care hospitals throughout the country. More information »