Tech Company Financing Transactions
Shockwave Medical Funding Round
Shockwave Medical, operating out of Fremont, secured $35 million from Fidelity Management & Research Company and T. Rowe Price.
Transaction Overview
Company Name
Announced On
10/11/2017
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Series C
Proceeds Purpose
Proceeds from the financing will be used to expand commercialization and advance clinical development of the company's Peripheral and Coronary Lithoplasty Systems in the United States and Europe and to advance development of a program evaluating the technology as a potential treatment for aortic valve stenosis.
Company Information
Company Status
Publicly-held
Industry
Medical Devices & Instruments
Mailing Address
48501 Warm Springs Blvd. 108
Fremont, CA 94539
USA
Fremont, CA 94539
USA
Phone
Website
Email Address
Overview
ShockWave Medical (Nasdaq: SWAV). The Lithoplasty family of balloon dilatation catheters incorporate tiny lithotripsy electrodes designed to increase the compliance of rigid vascular and valvular lesions prior to low-pressure dilation, thereby limiting injury to healthy tissue and overcoming significant limitations of current revascularization technologies.
Management Team
Title
Name
Email & Social
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