October 8th, 2009 01:45pm
$40 million for Direct Flow
Direct Flow Medical Inc., a Santa Rosa-based developer of a minimally-invasive implant to treat heart valve disease, has secured $40 million in a third round of venture capital funding, according to a regulatory filing.
As reported by the Private Equity Hub Web site, past backers have included Johnson & Johnson Development Corp., Foundation Medical Partners, VantagePoint Venture Partners, ePlanet Ventures, EDF Ventures, New Leaf Venture Partners and Spray Venture Partners.
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