Tumor Ablation Startup, NeuWave Medical, Raises $15 Million in Its Search for $19 Million

8/9/2012 8:40:05 AM

Company name: NeuWave Medical Inc. Industry: Medical devices. Location: Madison, Wisconsin. Solution/product: Certus 140 Ablation System is a device that uses energy to coagulate and ablate soft tissue. Money raised: $14 million (seeking another $5 million). How it will be used: President and CEO Laura King did not immediately return a call. Investors: Venture Investors LLC; John Murphy, president and CEO of NDS Surgical.

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