Silicon Valley's Outset Medical Banks $65.59 Million

Outset Medical, previously Home Dialysis Plus, said it raised $60 million from 9 unnamed investors as it prepares to go head to head with NxStage Medical (NSDQ:NXTM) on the home hemodialysis front.

Outset touts its new device, the Tablo, as the 1st dialysis machine designed as a consumer product, according to Warburg Pincus. The Vertical Group is also an investor, according to Outset's website.

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