Tech Company Financing Transactions
AppliSonix Funding Round
AppliSonix, based in Park Tamar Rehovot, received $4.5 million from Infinity Venture Capital Fund and Maayan Ventures.
Transaction Overview
Company Name
Announced On
8/2/2006
Transaction Type
Venture Equity
Amount
$4,500,000
Round
Series B
Investors
Infinity Venture Capital Fund (Lead Investor)
Maayan Ventures (Lead Investor)
Proceeds Purpose
AppliSonix plans to use the funding for product development and to initiate clinical trials.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
3 Pakris St.
Park Tamar Rehovot, 76702
Israel
Park Tamar Rehovot, 76702
Israel
Phone
Website
Email Address
Overview
Applisonix was incorporated in December 2003 as an Israeli Ltd. Company. The Company was founded under the auspices of Ma'ayan Technology Ventures, a leading technology investment group and a privatized incubator. AppliSonix Ltd., the developer of a hair removal device using ultrasound technology, has raised a US $4.5 million funding round.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Uri Amir
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We document every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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