Mountain View, Calif. -- Zonare Medical Systems, a Mountain View-based developer of software-based ultrasound technology, said on Wednesday it has landed a new $25 million credit facility from Virginia-based specialty finance firm Oxford Finance. The company said it will use the proceeds for growth capital, as well as to further develop its technology. Zonare said its Zone Sonography Technology acquires ultrasound data up to 10 times faster than conventional systems, delivering numerous clinical benefits.
http://www.zonare.com
http://www.oxfordfinance.com
http://www.marketwatch.com/story/oxford-finance-provides-25-million-senior-credit-facility-to-zonare-medical-systems-2012-07-25
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