Research Triangle heart device maker nContact raises $433K

Submitted by apoorboy on Mon, 2012-01-30 09:17

Medical device company nContact, a developer of products to treat arrhythmias, has raised close to half a million dollars.

The Morrisville, North Carolina company secured a total of $433,761 in debt financing from one investor, according to securities filings. That’s a small amount compared to the company’s venture capital haul to date; nContact has raised more than $42 million in financing, including a 2010 $16 million series D round from venture capital firms Intersouth Partners, Harbert Venture Partners, Finistere Ventures, Massey Burch Capital and ZMV Associates.