CV Ingenuity, a privately held medical device company, has secured $16 million in a series B round of venture capital financing. The investment round was led by New Enterprise Associates, a global venture capital firm.
Existing investors BioStar Ventures, Synergy Ventures and Western Technology also took part in the fundraising process. The company will use the proceeds to accelerate product development and boost the leadership team.
Click here for the release from PR Newswire.