Undisclosed healthcare company joins venture consortium investing $46m in IDev Technologies.
IDev Technologies, a US-based company making products to keep arteries open, has raised $46m in its series D round from a consortium including an undisclosed healthcare company.
US investment bank Piper Jaffray’s Merchant Banking Fund and "a leading strategic global healthcare company" were the two new investors, while return investors included venture capital firms PTV Sciences, Bay City Capital, RiverVest Venture Partners and Heron Capital.
Christopher Owens, executive president of IDev since November, said: "We are excited to be working with our…
