| Seguro Surgical, Inc. is a privately held, Maryland-based limited-liability company located in Columbia, MD. The company, which was founded in late 2009, has the exclusive worldwide rights to a medical device for abdominal surgery developed by surgeons at Johns Hopkins University. Initial funding of $550K to take the company to revenues has come from management founders and angel investors. The company has also received grants ($250K) from the Maryland Technology Development Corporation and U.S. Biotech Stimulus Fund to develop the Lap Pak platform. The company has moved the technology from license to market in less than one year and is currently expanding the revenue base and developing follow-on products. |