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Clear Catheter Systems Raises $4 million

12.30.2011

Clear Catheter Systems, Inc., a leading developer of medical devices used in post-surgical recovery, announced that it has closed its first institutional round of financing. The $4 million round was co-led by Aphelion Capital and California Technology Ventures. Also participating in the financing was Research Corporation Technologies.

Capital generated from the latest round of financing will help Clear Catheter Systems respond to increasing demand for its lead product, the PleuraFlow® Active Tube Clearance™ System, and drive commercialization in the United States and abroad.

See the Clear Catheter Systems press release here.
For more information about PleuraFlow®, see the website.