jump to navigation

Glucose monitoring systems developer Glucon closed $25 million financing round led by 3i January 25, 2007

Posted by israelhealthcare in Glucose Monitoring.

Glucose monitoring systems developer Glucon has closed a private financing round led by global venture capital firm 3i plc. Other venture capital funds that participated in this round include: Sequel Venture Partners, Quest Capital Partnership and Hunt Ventures, Aurum Ventures, Giza Venture Capital, MKI, Infinity Venture Capital Fund, and Ascend Technology Ventures. Glucon declined to disclose financial figures for its fifth round, but according to IVC research the Israeli medical device company closed a $25 million round.

This financing round will help bring Glucon’s products to the hospital market. Glucon is continuing the development of its automated blood glucose measurement system for hospitalized patients called Optimus.

“The Glucose Monitoring market is a key focus area for 3i’s healthcare team,” said Klaus Stoeckemann, healthcare partner at 3i. “Glucon’s innovative blood glucose monitoring device promises to transform and improve patient care, shortening hospital stays and freeing up valuable nursing time.”

Sponsored Links – Mediterranean Diet Tips | Lymphedema Treatment



1. www.3cdev2.com - May 15, 2014

Einstein received the Nobel Prize for his work with streams
of light quanta (packets of light) however he was not aware
of the revolution that would follow (3). They give you a temper of the will,
a quality of the imagination, a vigor of the emotions,
a freshness of the deep springs of life, a tempermental predominance of courage
over timidity, an appetite for adventure over love of ease.

You can order your own copy of Frontier Wife via The Wild Rose Press.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: