Securus Medical Group Secures $6,500,000 Series B Funding

  • Feed Type
  • Date
    10/29/2013
  • Company Name
    Securus Medical Group
  • Mailing Address
    15 Shoreby Drive Cleveland, OH 44108
  • Company Description
    Securus Medical Group, a Cleveland, OH-based company that develops a product that provides real-time temperature mapping within a hollow body cavity.
  • Website
    Undisclosed
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $6,500,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Securus plans to use Series B proceeds to further develop their Aurora thermographic mapping system, a proprietary thermal measurement device that is expected to have several clinical applications for temperature monitoring during energy-based surgical procedures.
  • M&A Terms
  • Venture Investor
    3×5 Special Opportunity Partners
  • Venture Investor
    RiverVest Venture Partners
  • Venture Investor
    University of Michigan

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