Wednesday, August 26, 2009

Council Venture med-devices play

2nd Ave.-baed Council Ventures announced today it led a $7.5MM B round for EndoChoice, an Alpharetta-based venture serving the endoscopy market. Coinvesting was existing investor River Cities Capital Funds. River Cities announced completion of an A Round of undisclosed amount in EndoChoice, less than four months ago. Council General Parter Grant Jackson and Operating Partner James Balkcom will respectively join the EndoChoice board and serve as chairman.

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