Tech Company Financing Transactions
CardioMEMS Funding Round
On 5/7/2010, CardioMEMS secured $7.9 million in funding from private investors.
Transaction Overview
Company Name
Announced On
5/7/2010
Transaction Type
Venture Equity
Amount
$7,900,000
Round
Undisclosed
Investors
Proceeds Purpose
The financing provides the company with capital to complete its CHAMPION clinical trial. Initiated in 2007, the CHAMPION trial is evaluating the safety and effectiveness of CardioMEMS' heart failure (HF) pressure measurement system.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
387 Technology Cir. NW 500
Atlanta, MN 30313
USA
Atlanta, MN 30313
USA
Phone
Website
Email Address
Overview
St. Jude Medical develops medical technology and services that focus on putting more control into the hands of those who treat cardiac, neurological and chronic pain patients worldwide.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC transactions reported here are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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