Updated 4:24 p.m.Cleveland Clinic spinoff Cleveland HeartLab has completed a $3 million fundraising round, and named its executives and advisers.Investors in the round included Glengary LLC, Second Generation Ltd. and Zapis Capital Group LLC, all in Northeast Ohio, according to a company release.Cleveland HeartLab is a clinical reference laboratory specializing in next-generation cardiovascular disease prevention, [...]

Venture capitalists discussed their role in entrepreneurial companies, what will generate the most money in health care in the next 10 years and what they look for when choosing an investment Friday at the Ohio Venture Association panel in Cleveland.

The company provides scheduling software that alerts nurses, working mostly in long-term care facilities, about open shifts and schedule changes. The company received its latest funding from Early Stage Partners and Glengary, which completes a Series A fund-raise of $1.9 million, Chief Executive Officer Mark Woodka said.

Neuros Medical Inc., a start-up company that is developing a neurostimulation device to block chronic pain, has landed $1.8 million from several investors during its first round of venture financing. Neuros Medical will use the money to begin product development, hire a chief technology officer and complete clinical studies on its device that stimulates nerves to alleviate pain.