Catheter Connections Gets $1.3M

Park City, Utah-based Catheter Connections, a developer of a medical device to prevent hospital-acquired infections resulting from catheter use, said today that it has raised $1.3M in seed capital. The funding came from Kickstart Seed Fund/vSpring Capital. Other investors in the round included Peterson Ventures, Albion Financial Group, the Life Science Angels, Aphelion Capital, and Sears Capital Management. According to Catheter Connectons, the funding will go to further develop and commercialize its lead product. More information »