Tech Company Financing Transactions

NovaSom Funding Round

On 6/27/2011, NovaSom raised $35 million in investment from Safeguard Scientifics, Quaker Partners and TPG Biotech.

Transaction Overview

Company Name
NovaSom
Announced On
6/27/2011
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Undisclosed
Investors

Safeguard Scientifics (Lead Investor) (James Datin)

Quaker Partners (Adele Oliva)

TPG Biotech (Keith Grossman)

Proceeds Purpose
NovaSom will use the financing to fund growth, expand its leadership position in payer and provider markets, and develop additional innovations within the company's proprietary NovaSom diagnostic medical device and cloud-based MediTrack Patient Management Portals.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
801 Cromwell Park Dr. 108
Glen Burnie, MD 21061
USA
Phone
(877) 753-3776
Website
www.novasom.com
Email Address
[email protected]
Overview
NovaSom is a privately held diagnostic service provider for home testing and evaluation of sleep-disordered breathing, which includes the diagnosis of Obstructive Sleep Apnea (OSA).
Profile
NovaSom LinkedIn Company Profile
Social Media
NovaSom Company Twitter Account
Company News
NovaSom News
Facebook
NovaSom on Facebook
YouTube
NovaSom on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Gregory Stokes
  Gregory Stokes LinkedIn Profile  Gregory Stokes Twitter Account  Gregory Stokes News  Gregory Stokes on Facebook
Chief Financial Officer
Terry O'Hara
  Terry O'Hara LinkedIn Profile  Terry O'Hara Twitter Account  Terry O'Hara News  Terry O'Hara on Facebook
Chief Medical Officer
Michael Coppola
  Michael Coppola LinkedIn Profile  Michael Coppola Twitter Account  Michael Coppola News  Michael Coppola on Facebook
Chief Operating Officer
Ernie Biczak
  Ernie Biczak LinkedIn Profile  Ernie Biczak Twitter Account  Ernie Biczak News  Ernie Biczak on Facebook

 

 

Browse more venture capital transactions:

Prev: 6/27/2011: SensAble Technologies venture capital transaction
Next: 6/27/2011: Tower Cloud venture capital transaction

 

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