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Healthcare & Life Sciences Private Equity Deal Tracker: iRhythm Technologies Secures $17 Million in Financing

Posted in Life Sciences Investing

iRhythm Technologies has announced it completed raising $17 million in series E financing.

iRhythm, headquartered in San Francisco, is a privately held healthcare information services company that focuses on the management of cardiac arrhythmia information.

The financing round was led by Novo A/S, a global life science investment firm.

Norwest Venture Partners, which led iRhythm’s series D financing, also participated in the oversubscribed round.

iRhythm indicated it will use the proceeds from the series E financing round to accelerate market growth for its ZIO Service, a long-term, continuous cardiac monitoring option expand technology; for development; and to continue to establish clinical evidence supporting ZIO Service.

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