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Soluble Systems drums up $3.5M from dozens of investors

Tue, 07/23/2013 - 9:29am
Mass Device

57 private investors broke out their checkbooks to chip into Soluble Systems' recent $3.5M funding round.

Soluble Systems logo

Wound care company Soluble Systems wrapped up a $3.5 million private equity funding round, raising most of the cash from existing company insiders, board members and executives.

Of the total 57 investors, only 10 are 1st-timers and the remaining are current stakeholders who chose to up the ante in the most recent round. None of the new cash came from venture capital firms.

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