Hema Metrics
Blood monitoring systems manufacturer Hema Metrics Inc. of Boston has connected with $15 million in private financing led by GE Asset Management Inc., joined by return investor Quad-C Management Inc. and several unnamed backers. The fresh cash is earmarked for working capital, including sales, clinical support, product launches and manufacturing growth strategies. The company makes a non-invasive blood monitoring system using proprietary photo-optical technology. — Erin Ferrell www.TheDeal.com
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