S.E.A. Medical Secures $3 Million in Series B Financing from JK&B Capital
1/26/2012 8:08:42 AM
SANTA CLARA, Calif.--(BUSINESS WIRE)--S.E.A. Medical Systems Inc., a healthtech company focused on safety and management of IV medicine, today announced that it closed a $3 million Series B investment with Chicago-based venture capital firm JK&B Capital, which specializes in investments in Information Technologies, healthcare and communication markets. As part of the agreement, Chairman of JK&B Capital David Kronfeld, and Quantum Technology Partners’ Barry Dickman joined S.E.A. Medical’s board of directors. Proceeds from this investment will allow S.E.A. Medical to accelerate development of its IV products and expand its technology into additional medical applications.