Wednesday, April 16, 2014

Cardiac Dimensions Lands $20M

Kirkland-based Cardiac Dimensions, which develops minimally invasive devices for treating heart failure, said today that it has raised $20M in a funding round. The funding was led by M. H. Carnegie & Co. and Lumira Capital, along with other institutional investors. The company said the funding will go towards European expansion. Cardiac Dimensions develops treatments for FMR, a condition in which blood flow to the body is reduced due to a poorly functioning heart valve. More information »