Intuity Medical - Top 5 Medical Device VC Deals, H1 2010

Who: Intuity Medical
When: Jan. 5
Type: Series D
Funding Amount: $64 million

Investors: Venrock, Emergent Medical Partners, Growthworks Capital, U.S. Venture Partners, Versant Ventures and Thomas, McNerny & Partners

Details: Intuity is developing POGO (pictured, click to enlarge), an all-in-one device which the company says is the first fully integrated blood glucose monitor. POGO designed to integrates test strips, lancets and lancing device into a single meter and cartridge system. The device is still awaiting 510(k) clearance. Intuity says the funds will be used for U.S. commercialization and distribution of its All-in-One System, which is awaiting 510(k) approval. Though the funds were secured in late 2009, Intuity didn't make an announcement about the round until early 2010. Intuity Medical website

Intuity Medical - Top 5 Medical Device VC Deals, H1 2010
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