RF Surgical Scores $2.5M More
Medical device maker RF Surgical Systems, which is based in Bellevue, WA, and has R&D operations in San Diego, has raised $2.5 million in equity financing out of a total offering of $5 million, according to a regulatory filing. The company confirmed the funding today. It says it had raised approximately $21 million before this latest round, which is an extension to its Series A financing and comes from existing investors. RF Surgical Systems was founded in 2004 and has developed patented technologies for detecting and preventing retained surgical sponges in patients undergoing surgery. The company’s product was approved by the FDA in 2006.