Ash Access Technology, Inc. Announces a Private Fund Managed By Bear Stearns And Other New Investors Have Subscribed To Their $6M Series B Round Of Financing

Ash Access Technology, Inc., a privately held biomedical and medical device firm, announced today that it has raised $6 million dollars and closed a Series B round of financing with the assistance of Periculum Advisors, LLC, Indianapolis, an affiliate of Periculum Capital Company, LLC. The lead investor was a syndicate including a private fund managed by Bear Stearns, Frantz Medical Venture Fund I, L.P. and a group of individual investors associated or affiliated with the aforementioned institutions. Also investing were 8 Plus Ventures LLC, individual investors principally from the States of Indiana and Wisconsin, and the Company’s executives, directors and existing shareholders.

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