Intuity Medical, a developer of blood glucose monitoring systems for diabetes management, has closed $76 million of ‘Series D’ venture capital financing. The company’s existing investors Investor Growth Capital, Thomas McNerney and Partners, Venrock, Versant Ventures and U.S. Venture Partners provided the funding.
In the fundraising process, these investors were joined by new investor Accuitive Medical Ventures. The company will use the funds to obtain FDA clearance and to prepare for U.S. commercialization and distribution of the POGO All-in-One system.
Click here for the release from PR Newswire.