ADVANCE Medical Moves Forward with $20M Investment
September 06, 2013
ADVANCE Medical, a medical device, laboratory equipment and diagnostics distribution company, has secured a $20 million round of financing from new investors Aberdare Ventures and Arboretum Ventures, as well as existing investor Venrock. With operations in California, Brazil and Mexico, the company commercializes medical technologies, offering commercial, distribution and financing services to target leading physician clinics, hospitals and laboratories. It previously raised a $6 million Series A financing round in 2011.