Invuity, Inc. announced that it has drawn $10 million in additional borrowings under an amended debt agreement with MidCap Financial. The MidCap facility consists of a $30 million term loan divided in two tranches. The first tranche of $20 million was funded upon closing of the original agreement on March 10, 2017. The $10 million second tranche was funded on September 26, 2017. The MidCap agreement requires the Company to maintain certain minimum net revenue requirements, which have been adjusted in the amended agreement. The MidCap facility also consists of a $10 million revolving credit facility (revolver) of which $3.5 million was drawn down as of June 30, 2017. The revolver may be increased to $20 million at a later date at the company’s request and with approval from MidCap.