Providence Health & Services led a funding round for the surgical blood loss monitoring platform that also featured corporate-backed Summation Health Ventures.

Gauss Surgical, the US-based developer of a platform that monitors blood loss during surgery, closed a $12.6m series B round on Wednesday led by healthcare system Providence Health & Services’ investment arm, Providence Ventures.

The round also featured Summation Health Ventures, a venture capital fund formed by healthcare providers MemorialCare Health System and Cedars-Sinai Health System, as well as Promus Ventures, LifeForce Ventures, Jump Capital and Stanford University’s StartX Fund.

Founded in 2011, Gauss has developed technology named Triton that…

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