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American Biosurgical cables in $1.3M raise

August 19th, 2010

cablesNORCROSS, GA – American Biosurgical, a company that sells medical cable assemblies, has raised $1.3 million of a targeted $2.5 million equity round, according to a regulatory filing.

The company’s investors include Anda Capital, San Francisco; and M20, a family investment fund.

Founded in 1996, the company has distribution facilities in Atlanta and Los Angeles and a manufacturing plant in Dong Guan, China.

The company disclosed the raise in a filing with the US Securities and Exchange Commission.

To contact TechJournal South Editor & Writer Allan Maurer: Allan at TechJournalSouth dot com.

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