Thursday, July 31, 2014

Bluegrass Vascular Technologies Raises $4.5M

San Antonio-based Bluegrass Vascular Technologies has raised $4.5M in a Series A venture financing, the company said Wednesday, to go towards certification for its vascular access devices. The funding was led by Targeted Technology Fund II. As part of the funding, Bluegrass Vascular is moving its headquarters to San Antonio from Lexington, Kentucky, part of the requirements for the company to access the capital. Bluegrass develops medical devices used for central venous access (CVA) by physicians, a procedure to access the bloodstream for delivery of dialysis, or nutrition. More information »