ViewRay Incorporated Closes in on $17.4 Million Round

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Medical device company ViewRay announces a $17.4 million funding round, offering equity and Series D-2 preferred stock. ViewRay Inc. has $2.4 million to go to reach its goal for a $17.4 million funding round. Seven investors are in on the offering, and $15 million had been sold at the time the company disclosed the funding round May 8, according to a regulatory filing. The Oakwood Village, Ohio-based medical device company, which makes MRI equipment, won U.S. clearance for its MRI-guided radiation therapy, which delivers radiotherapy for cancer treatment during magnetic resonance imaging.

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