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Cheetah Medical Closes $20 Million Series B Financing
Date:3/15/2010

TEL-AVIV, Israel, March 15, 2010 /PRNewswire/ -- Cheetah Medical, a worldwide leader in noninvasive hemodynamic and cardiac output monitoring technology, announced today the closing of a $20 million financing round. The financing was led by Ascension Health Ventures (AHV) and also included Robert Bosch Venture Capital (RBVC), MVM Life Science Partners (MVM) and existing investors.

"We are very excited by the level of support provided by Cheetah's distinguished new investors, who share our vision for the extraordinary potential of the NICOM platform," commented Yoav Avidor, M.D., Chief Executive Officer of Cheetah Medical. "By providing accurate, noninvasive, continuous hemodynamic information, NICOM can improve patient outcomes by helping clinicians optimize fluid and vasoactive drug management in areas such as critical care, anesthesia, emergency medicine and heart failure. Patients worldwide are already benefiting from the NICOM platform, and the support of our investors enables continued expansion to new clinicians, applications and global markets."

As a result of the financing, Dr. Walter Lin, an Investment Manager with AHV, Gadi Toren, Venture Capital Investment Partner with RBVC, and Dr. Stephen Reeders, a Managing Partner with MVM, have joined the company's board.


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