Tech Company Financing Transactions
Rotation Medical Funding Round
On 8/19/2016, Rotation Medical announced $12 million in Series B investment from Life Sciences Partners, New Enterprise Associates and Pappas Ventures.
Transaction Overview
Company Name
Announced On
8/19/2016
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series B
Investors
Life Sciences Partners (Fouad Azzam)
New Enterprise Associates (Ali Behbahani)
Pappas Ventures (Scott Weiner)
Proceeds Purpose
The company intends to use the proceeds to continue the acceleration of U.S. commercialization activities for the Rotation Medical rotator cuff system, which is comprised of a proprietary bioinductive implant and disposable instruments that allow the arthroscopic procedure to be performed easily and quickly.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
15350 25th Ave. North 100
Plymouth, MN 55447
USA
Plymouth, MN 55447
USA
Phone
Website
Email Address
Overview
Rotation Medical was founded in 2009 with a mission to significantly advance the treatment of rotator cuff disease.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Martha Shadan
Chief Operating Officer
Tom Westling
Chief Scientific Officer
Craig Van Kampen
VP - Bus. Development
Allan Gorsett
VP - General Counsel
David Crompton
VP - R & D
Randy Nuernberg
Browse more venture capital transactions:
Prev: 8/19/2016: EventBoard venture capital transaction
Next: 8/19/2016: Ecobee venture capital transaction
Share this article
Where The Data Comes From
We report on every notable VC transaction. VC transactions on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs