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Telcare gets $25.4mm in first close of Series B

Executive Summary

Glucose monitoring device developer Telcare Inc. has raised $25.4mm in the first close of its Series B financing led by new investor Sequoia Capital with participation from returning shareholder Qualcomm (through its Qualcomm Life Fund) and undisclosed investors. According to the Form D, the company could bring in another $13.1mm in the round.

Deal Industry
  • Medical Devices
  • Medical Devices
    • Diagnostic Equipment & Supplies
  • In Vitro Diagnostics
    • Glucose Testing
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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