Tech Company Financing Transactions

Aptus Endosystems Funding Round

Aptus Endosystems closed a $25 million Series B financing round on 6/28/2012. Investors included Synergy Life Science Partners, Longitude Capital Management and U.S. Venture Partners.

Transaction Overview

Company Name
Announced On
6/28/2012
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors

Synergy Life Science Partners (Lead Investor) (Mudit Jain)

Longitude Capital Management (Marc Galletti)

U.S. Venture Partners (Alan Kaganov)

Proceeds Purpose
Proceeds from the financing will be used to expand commercialization of the HeliFX Aortic Securement System in the United States and Europe, where the company has already obtained US Food and Drug Administration (FDA) clearance and CE Mark, respectively. In addition, Aptus will develop further HeliFX product offerings to fulfill unmet needs in the treatment of aortic aneurysms and thus increase the patient population who could benefit from HeliFX. The company also plans to execute a US clinical trial of the Fortevo AAA Endograft System in support of filing for Premarket Approval with the FDA. Lastly, Aptus will expand utilization of the Fortevo system in key European centers, where it already possesses the CE Mark.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
271 Gibraltar Dr.
Sunnyvale, CA 94085
USA
Email Address
Overview
Aptus Endosystems is a privately held, well-funded, emerging medical device company that is engaged in the development of next generation minimally invasive endograft devices, delivery systems and fixation technology for the treatment of Abdominal Aortic Aneurysm - the 13th leading cause of death in the United States and the 10th leading cause of death in men over the age of 55.
Profile
Aptus Endosystems LinkedIn Company Profile
Social Media
Aptus Endosystems Company Twitter Account
Company News
Aptus Endosystems News
Facebook
Aptus Endosystems on Facebook
YouTube
Aptus Endosystems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
James Reinstein
  James Reinstein LinkedIn Profile  James Reinstein Twitter Account  James Reinstein News  James Reinstein on Facebook
Chief Operating Officer
Jeff Elkins
  Jeff Elkins LinkedIn Profile  Jeff Elkins Twitter Account  Jeff Elkins News  Jeff Elkins on Facebook
Chief Technical Officer
Lee Bolduc
  Lee Bolduc LinkedIn Profile  Lee Bolduc Twitter Account  Lee Bolduc News  Lee Bolduc on Facebook
VP - Finance
Dian Georgia
  Dian Georgia LinkedIn Profile  Dian Georgia Twitter Account  Dian Georgia News  Dian Georgia on Facebook
VP - Marketing
Deepak Srikant
  Deepak Srikant LinkedIn Profile  Deepak Srikant Twitter Account  Deepak Srikant News  Deepak Srikant on Facebook
VP - Regulatory Affairs
Burt Goodson
  Burt Goodson LinkedIn Profile  Burt Goodson Twitter Account  Burt Goodson News  Burt Goodson on Facebook


 

 

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Prev: 6/28/2012: GoingOn Networks venture capital transaction
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