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Minimally Invasive Devices Adds $2.5 Million to its Series B
Date:6/17/2013

ius Ventures commented, "FloShield has hit a bullseye in delivering on the number one need of all laparoscopic surgeons – that is, avoiding loss of vision due to debris and fogging of the lens, particularly during long, complex procedures.  No other technology to date has been able to achieve a continual, clear field of vision throughout such procedures, enabling surgeons to remain in control, maximizing operating room efficiency and potentially safety." 

About Minimally Invasive Devices, Inc.

Minimally Invasive Devices, Inc. (MID) has developed and manufactures the FloShield™ laparoscopic vision system, the first device that prevents loss of vision during laparoscopic surgery due to obscuration of the optics.

About Radius Ventures, LLC

Founded in 1997, Radius Ventures is a venture capital firm that invests in expansion-stage health and life sciences companies. Radius has a deep understanding of the complexities and opportunities that drive successful health and life sciences investing. The firm's goal is to identify companies on the cusp of major value creation with the objective of achieving liquidity within a three- to five-year time frame. Central to the firm's investment strategy is providing growth capital to well-managed companies addressing large markets with attractive adoption dynamics.  Ideal investment candidates are capital efficient with scalable business models and compelling value propositions.  For more information visit www.radiusventures.com

Company Contact:
Wayne Poll
wpoll@midsurgical.com

Media Contact:
Carolyn Hawley
Canale Communications
carolyn@canalecomm.com
+1-619-849-5375


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SOURCE Minimally Invasive Devices, Inc.
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