CardioMEMS Files for IPO

CardioMEMS Inc., an Atlanta-based developer of wireless medical pressure sensors, has filed for an $86.25 million IPO. It plans to trade on the Nasdaq under ticker symbol SENS, with Banc of America Securities serving as lead underwriter. The company has raised around $52.6 million in total VC funding from firms like Arcapita, Easton Capital Partners, Boston Millennia Partners, Foundation Medical Partners, Medtronic, Inc. and Johnson and Johnson Development Corp. www.cardiomems.com< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />