News Column

BRIEF: Boulder's EndoShape raises at least $5.8 million

June 19, 2014

By Alicia Wallace, Daily Camera, Boulder, Colo.



June 19--EndoShape Inc., a Boulder-based medical device company developing polymer vascular plugs and coils, has raised more than $5.8 million in equity funding, according to a regulatory filing made Thursday.

The privately held EndoShape has raised at least $5.81 million of a nearly $6.8 million round, according to the filing made with the U.S. Securities and Exchange Commission.

Seventeen investors contributed to the round.

Officials for EndoShape were not immediately available to provide further information about the filing.

Late last year, the U.S. Food and Drug Administration granted EndoShape 501(k) clearance for the company's Medusa vascular plug, which is deployed via a catheter and designed to expand and close a vessel.

Peripheral vascular embolization procedures are conducted in cases when a vessel is ruptured, causing bleeding into the body, or if a vessel is feeding a tumor.

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(c)2014 the Daily Camera (Boulder, Colo.)

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Source: Daily Camera (Boulder, CO)


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