Acusphere Inc. (ACUS) Announces Closing of $10 Million Financing to Support Continued Development of Imagify  
7/1/2010 11:06:10 AM

CAMBRIDGE, Mass.--(BUSINESS WIRE)--Acusphere, Inc. (ACUS.PK) today announced the closing of a definitive agreement with Burrill & Company’s venture capital group to provide up to $10 million in debt financing through the sale of a senior secured note and warrant. Seven Hills Partners, LLC provided financial advisory and investment banking services for this transaction.