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SenoRx Raises Cash With Equity Sale

July 10, 2001

Biopsy device maker SenoRx Inc. in Aliso Viejo said Monday that it raised $19 million by selling an undisclosed stake in the company to a financing firm and current investors.

Privately held SenoRx said in a news release that the equity financing came from a group led by MPM Capital LP and included existing investors like CIT Ventures. Proceeds will be used to bring products to market.

SenoRx develops disposable surgical products for minimally invasive and open-breast biopsies and other breast surgeries.

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