Friday, July 27, 2007

Monebo Raises Series B

Austin, Texas-based Monebo said this week that it has raised a Series B round of funding. The firm, which developing medical devices for heart monitoring, said that the funding will go to accelerating the commercialization of its products. The round was led by Fairway Medical technologies. Amount of the investment was not disclsoed. Leo Womack of Fairway will join the firm's board as part of the funding. More information »