Medical Device Start-Up Beacon Endoscopic Raises $5 Million
Beacon Endoscopic is a Newton, MA based medical device start-up company that has raised $5 million in Series B funding from MVM Life Science Partners. This round of funding also included previous investors.
Beacon Endoscopic developed a fine needle aspiration system for endoscopic ultrasound and endoscopic bronchial ultrasound. The FDA has cleared the endoscopic ultrasound use, which should make the technology available for use in the fourth quarter of this year.
Beacon Endoscopic started in late 2008 and is led by CEO Peter Rogal. Beacon was founded by Brian Tinkham and Christopher Thompson.This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry