ClearCount Medical Solutions Closes Series A Financing Round

ClearCount Medical Solutions, a Pittsburgh company focused on improving surgical safety, has announced the close of its $4.1 million Series A financing round. The company says it plans to use the funds to accelerate its sales efforts and continue its product development. The round was led by Draper Triangle Ventures, which provides funding for high-technology start-up companies in the Pennsylvania and Ohio regions. ClearCount Medical developed its SmartSponge system, designed to help prevent medical teams from inadvertently leaving sponges inside surgical patients. SmartSponge employs Texas Instruments‘ Tag-it HF-I tags, which operate at 13.56 MHz, support the ISO 15693 and 18000-3 standards, and have received clearance from the U.S. Food and Drug Administration (FDA) (see RFID-enabled Surgical Sponges a Step Closer to OR).

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