Updated at 4:38 p.m., Tuesday, January 9, 2007
Hoana Medical wins award for raising venture capital
Advertiser Staff
The Hawaii Venture Capital Association said Hoana Medical Inc. will receive the group's Venture Capital Deal of the Year Award at a luncheon on Jan. 25 at the Plaza Club in downtown Honolulu.Honolulu-based Hoana raised $20.9 million in its latest round of financing.
The medical device company has developed technology that monitors physiological conditions without the need for wire leads, electrodes or cuffs.
To date, Hoana has raised nearly $40 million in private equity along with $12 million in federal money for clinical evaluation and testing.
The association was established in 1988.
