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Tactile Systems Technology Inc. Raises $11.8 Million in Funding, Sets Stage for Aggressive Growth.

Publication: Business Wire
Publication Date: 29-OCT-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
MINNEAPOLIS -- Tactile Systems Technology, which develops, manufactures and markets products to treat vascular disorders such as lymphedema, today announced the culmination of a funding effort resulting in $11.8 million raised. The round is led by Galen Partners, a Stamford, Conn.,-based investment firm focused solely on health care. Funding also includes existing Tactile Systems Technology shareholders and other private investors.

"We are always looking for companies with proprietary products and services...

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