Zonare wins $25M in financing
Article Thumbnail ImageJuly 26, 2012 -- Ultrasound technology developer Zonare Medical Systems announced it has won $25 million in financing.
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Oxford Finance of Alexandria, VA, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, closed a $25 million debt facility with Zonare on July 25. Proceeds of the loan will be used for growth capital and to further the development of its ultrasound technology, according to Zonare.