Endotronix – Added $12MM Bank Loan to $32MM Series C Round

Endotronix, a Cornerstone portfolio company and maker of cloud-enabled tools that help patients with advanced heart failure, announced earlier in the year that it had raised $12 million in debt financing from Silicon Valley Bank.

The company raised a $32 million Series C round last July. That round was raised to fund a safety and feasibility study for its implantable, cloud-connected sensor for heart patients, and to help Endotronix commercialize its cloud-based software solution that lets healthcare providers monitor patients’ conditions after they leave the hospital.

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