Clear Catheter Systems Raises $4 Million in VC Funding

BEND, Ore., — Clear Catheter Systems, Inc., a leading developer of medical devices used in post surgical recovery announced that it has closed its first institutional round of financing. The $4 million round was co-led by Aphelion Capital and California Technology Ventures. Also participating in the financing was Research Corporation Technologies. Ned Scheetz, of Aphelion Capital and Alex Suh, of California Technology Ventures will join the board of directors.

Spark: Pro Award

PleuraFlow® was recognized with a bronze award in the 2011 Spark Awards. Encompassing a spectrum of categories including architecture, graphic design, branding, and product design, the Spark Awards recognize design’s ability to act as a catalyst, address problems, and improve lives.