M2D2 Based Startup Awarded $17 Million in Equity Funding
By Dan O'Brien, email@example.com
Updated: 04/11/2014 07:00:21 AM EDT
LOWELL -- A medical-device startup developed within UMass Lowell's M2D2 community said this week that it has landed $17 million in equity funding.
InfoBionic Inc., a startup that provides patient monitoring for chronic-disease management, intends to use the funds to pay for the commercialization of its flagship product, the MoMe System, according to CEO Nancy Briefs.