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01 January 2009
CFM leads second round funding for ST&D
.jpg) Thursday, 30 January, 2008
ST+D completes successful second funding round
Clarendon Fund Managers led the recently completed second round funding package.
The ST+D second round of venture funding received support from all of the existing investors. These include Enterprise Equity, Invest Northern Ireland, UUTech and a group of private investors.
Belfast-based Clarendon Fund Managers, a new investor in ST+D, led the round which will be used to continue development and roll out of the company's world-leading wireless monitoring devices.
Professor John Anderson, ST+D Chairman, commented. 'With this further financing, we are well on the road to establishing our wireless monitors on the market and significantly enhancing the monitoring of patients.'
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