Washington Startups Collect $24M in November, Med Devices Lead the Way
Summary
The top November financing went to a company we’ve seen before: Kirkland, WA-based Cardiac Dimensions, a developer of implantable devices for the treatment of mitral valve regurgitation associated with congestive heart failure.Gig Harbor, WA-based Generic Medical Devices develops products for soft tissue repair procedures, and grabbed a $4.3 million equity round last month.The environmental products and services sector scored high on the deals list last month, with Arlington, WA-based MicroGreen Polymers taking the third spot, with $2.7 million in Series B money.Back in May, the University of Washington spinout raised $6.9 million from WRF Capital, Northwest Energy Angels, private investors, and garbage giant Waste Management (NYSE: WM).It made big news earlier this week when it was acquired by Boston’s CloudBees, a maker of cloud-based platforms for Java computing and development.
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