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SensAble Technologies Inc., a Wilmington-based haptic products maker, has taken in $2 million of a planned $6 million new funding round, according to federal documents.
While the filing with the U.S. Securities and Exchange Commission doesn’t list the six backer in this latest round by name, it does note as related persons Ronald Chwang of California-based Acer Technology Ventures, Carmichael Roberts of North Bridge Venture Partners and Ed Cahill and Enrico Picozza of HLM Venture Partners, all of which were involved in the company’s $8 million fundraise in March of 2010.
Founded in 1993 from work conducted in the 1990s by MIT then-undergraduates Thomas Massie and Kenneth Salisbury, SensAble Technologies develops haptic devices, toolkits and 3-D modeling applications to create a virtual reality environment for use in medical simulation to reduce patient risk and expense.
The tools also allow doctors and other medical care staff to perfect their various tasks while requiring less manpower because the SensAble software and devices oversee the doctor during the training process, eliminating the need for an instructor.
Last summer SensAble relocated from Woburn to Wilmington, taking space in the Ballardvale Office Park for its new headquarters.
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