Dune Medical Devices Receives $14,000,000 New Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=bd2d1838-838b-4f7e-b10c-5a97d2e9ec27
Date
6/27/2014
Company Name
Dune Medical Devices
Mailing Address
69 Milk St. Westborough, MA 01581 USA
Company Description
Dune Medical Devices was founded in 2002 to realize the extraordinary medical potential of its proprietary tissue characterization technology. Offering surgeons and radiologists the ability to detect cancer in real time, this technology holds promise for a broad range of diagnostic and therapeutic applications.
Website
http://www.dunemedical.com
Transaction Type
Venture Equity
Transaction Amount
$14,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The company intends to use the funds to expand the sales and marketing efforts for Dune’s first product, the MarginProbe System.
M&A Terms
Venture Investor
Venture Investor