by MassDevice staff
SurgiQuest Inc. drummed up $14.5 million in new backing from 11 un-named investors, according to a regulatory filing.
The Orange, Conn.-based device maker is developing technology for laparoscopic procedures that's designed remove electrosurgical smoke and keep endoscopic imaging instruments' field of vision clear. While the filing did not reveal the identities of SurgiQuest's latest backers, two members of its board of directors listed on the document also represent venture capital firms: Rodney Altman of CMEA Ventures and Ned Scheetz of Aphelion Capital LLC.
The latest financing round, which combined the sale of equity, options and warrants for securities, adds to the $9.4 million SurgiQuest pulled in (PDF) from a securities sale in December 2008, which it said it planned to use for working capital, according to a regulatory document.
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