Paracor Medical Raises $44.35M Series D

Paracor Medical Inc., a Sunnyvale, Calif.-based developer of implantable medical devices to treat heart failure, has raised $44.35 million in Series D funding. Aberdare Ventures led the deal, and was joined by Montagu Newhall Associates and return backers Delphi Ventures, Pequot Ventures, InterWest Partners, Alta Partners, DeNovo Ventures, Saratoga Ventures and Palo Alto Investors. Paracor previously had raised $47.5 million in VC funding since 2001.