XII medical closes $30M Series A Financing

XII Medical

XII Medical, Inc., an Union City, Calif.-based private health technology company, closed a $30m Series A equity financing.

Ajax Health was the lead investor, co-lead Broadview Ventures, and participation from Cleveland Clinic founder investor. Aperture Venture Partners, JobsOhio Growth Capital Fund and CincyTech were also involved.

Garrett Schwab is the President and CEO of XII Medical. This company specializes in the treatment of obstructive sleeping apnea (OSA). It’s a condition in which the muscles of the throat temporarily relax during sleep, causing obstruction of the airway.

Funds will be used to support the development of its patient-centric, proprietary solution for those suffering from OSA.

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