Massachusetts’ CardioFocus Nabs $20 Million, Seeks $12 Million More

CardioFocus raised $20.2 million in a new round of equity and options financing, according to an SEC filing posted this week.

Money in the round came from 26 unnamed investors, with the first sale logged on Feb. 15.

The Marlborough, Mass.-based company is looking to raise another $11.9 million before closing the round, according to the SEC filing, and has not yet stated how it plans to use funds raised in the offering.

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