RF Surgical raises $12 million to detect lost surgical sponges

RF Surgical Systems has raised $12 million, money that the Bellevue company will use to enhance its RFID technology for locating surgical sponges that doctors inadvertently leave behind during medical procedures. Investors in the round include Split Rock Partners, Menlo Ventures and Stanford University. The company released its RF Assure Detection System in November 2010, and since… Read More