EDEN PRAIRIE, Minn.--(BUSINESS WIRE)--NeoChord Inc. (the “Company”), a developer of minimally invasive devices and procedures for mitral valve repair, announced that on September 9, 2013, the Company closed on a $3 million credit facility with Durham, NC-based Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community. This credit facility follows the March 2013 closing of the sale to investors of $3 million of the Company’s Series B-2 Preferred Stock.
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