Sutura Raises $10 Million in Financing

Sutura Inc., a Fountain Valley medical device company, said Tuesday that it has raised $10 million in financing to help it meet regulatory requirements and launch its line of suture-based products.

The company said it is developing a vascular stitching technology, called SuperStitch, that would be used in devices to suture vascular puncture sites in a rapid and automated manner.

Sutura said in a press release that it received the financing from Synapse Capital LLC in Fountain Valley. Synapse co-founders Henri Tchen and Ken Barnett have been advisors to Sutura’s chief executive, Anthony Nobles, in creating a funding strategy for the company.