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Veran raises $31 million from East Coast private equity firm

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Veran Medical Technologies, a medical device maker from Overland, has raised $31 million from investors led by Oxford Finance, a Washington, D.C.-area specialty finance firm that provides senior secured loans to public and private life sciences and health care services companies. Oxford provided $25 million in debt financing in the round, with previous investors providing the rest through an equity offering. Those investors include Versant Ventures (San Francisco) and River Cities Capital Funds…

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