AccuVein Draws $22.5 Million

Huntingon, NY-based AccuVein raised $22.5 million in a Series B, according to a press release. AccuVein makes a handheld tool that projects light on a patient’s skin to illuminate the veins. That allows physicians, nurses, and other caregivers to draw blood or insert IVs without having to prick the patient multiple times. The funding round was led by MVM Life Science Partners and Bessemer Venture Partners.

Author: Arlene Weintraub

Arlene is an award-winning journalist specializing in life sciences and technology. She was previously a senior health writer based out of the New York City headquarters of BusinessWeek, where she wrote hundreds of articles that explored both the science and business of health. Her freelance pieces have been published in USA Today, US News & World Report, Technology Review, and other media outlets. Arlene has won awards from the New York Press Club, the Association of Health Care Journalists, the Foundation for Biomedical Research, and the American Society of Business Publication Editors. Her book about the anti-aging industry, Selling the Fountain of Youth, was published by Basic Books in September 2010.