Cardiorobotics in $11M Series A round

Cardiorobotics Inc., a maker of robotic surgical tools, has closed an $11.6 million round of Series A financing led by Eagle Ventures, a Pittsburgh-based angel investor fund, and that includes another investment by the Slater Technology Fund, the state venture capital agency.

Since 2007, Slater has invested $750,000 in Cardiorobotics, which was known as Innovention Technologies LLC before changing its name last year. The company is based in Newport but incorporated in Delaware.

Full Story: Cardiorobotics in $11M Series A round Source: Providence Business News, August 3rd, 2009 Author: Ted Nesi

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