Active Life Scientific Snags $500K

Santa Barbara-based Active Life Scientific, a developer of life sciences research and diagnostics tools, said this morning that it has raised $500K in a Series A follow on investment. The funding came from members of the Tech Coast Angels. Active Life, which is headed by Davis Brimer, says its medical tools are being targeted at the growing problem of degenerating and stiffening tissues, which causes frailty. The Tech Coast Angel's Central Coast Network, led by Mike Panesis, led the deal. More information »