RF Surgical Raises $8.2 million From Menlo Ventures and Stanford University

Luke Timmerman7/25/08

RF Surgical, a Bellevue-based medical device company, said it has raised $8.2 million in a Series A round of venture capital from Menlo Ventures and Stanford University. The company markets an FDA approved system that alerts doctors if surgical material, like sponges, gauze or towels, are left inside a patient before incisions are closed back up. The company has raised $12 million this year, and more than $20 million since its inception.

Luke Timmerman is the National Biotech Editor of Xconomy, and the Editor of Xconomy Seattle. E-mail him at ltimmerman@xconomy.com or follow him on Twitter at twitter.com/ldtimmerman.