Silk Road Medical Collects $8M

Wade Roush4/19/11

Silk Road Medical, a stealth-mode developer of medical devices for neurovascular conditions in Sunnyvale, CA, has raised $8.2 million in equity-based financing in a round that could reach as high as $41.2 million, according to a regulatory filing. Silk Road was spun off in 20007 by the Vertical Group, a medtech- and biotech-focused venture firm in Summit, NJ.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @