RFID sponge detection company ClearCount raises $1.5M

Surgical sponge detection company ClearCount Medical Solutions has raised $1.5 million, according to a regulatory filing.Pittsburgh-based ClearCount has been quiet on the fundraising front since August 2010, when it announced a $5 million series B round of investment led by Draper Triangle Ventures.ClearCount Medical has developed the SmartSponge and SmartWand systems, which use radio-frequency identification [...]

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ClearCount caps $5M round for systems that stop ‘never events’

Pittsburgh’s ClearCount Medical Solutions has closed its Series B funding round with the hoped-for $5 million to drive market penetration and R&D for its systems that use radio-frequency identification technology to detect and count sponges used in operations.

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ClearCount Medical adds $1.5M to Series B round

Slowly but surely, surgical sponge detection company ClearCount Medical Solutions is marching toward completing its $5 million Series B round of funding.The company has added a $1.5 million fund-raise to the round, pushing it over the halfway point to $2.6 million, according to a regulatory filing. Earlier in the month, ClearCount reported a $1.1 million [...]

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ClearCount Medical raises $1.1M of anticipated $5M Series B round

ClearCount Medical Solutions Inc. has raised $1.1 million for a Series B round of investment funding that the company hopes will total $5 million.The funding was detailed in a regulatory filing and confirmed by CFO Dave Haffner.The company plans to use its Series B to further support its exclusive (pdf) distribution deal with Medline Industries [...]

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ClearCount Medical aims to control surgical sponge detection market

David Palmer thinks ClearCount Medical Solutions’ technology will push it over the top in the burgeoning surgical-sponge-detection market.ClearCount, which uses embedded radio-frequency ID chips to track and detect sponges, has the backing of Draper Triangle Ventures as it wrestles with two major competitors for control of the market. After raising $3.4 million last year in [...]

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ClearCount hires new CFO

Sponge-safety company ClearCount Medical Solutions has hired a new chief financial officer.In his new role, David Haffner will oversee the day-to-day financial operations of the company and will be responsible for its financial strategy, according to a statement from Pittsburgh-based [...]

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Pittsburgh’s ClearCount gets FDA approval for lower-cost sponge-detection system

ClearCount Medical Solutions has received clearance from the FDA for its SmartWand-DTX sponge-counting system, a smaller, lower-cost, more-portable alternative to its sponge-detection system already on the market.

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ClearCount Medical the latest Pittsburgh firm to count the cash

The 5-year-old business said it closed on $3.4 million of financing, led by Draper Triangle Ventures. It will use the money to drive sales and further develop an RFID-based solution to keep track of surgical sponges.

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