Tech Company Financing Transactions
Flexible Medical Systems Funding Round
Private investors participated in a $1.2 million funding round for Flexible Medical Systems. The financing round was recorded on 9/24/2007.
Transaction Overview
Company Name
Announced On
9/24/2007
Transaction Type
Venture Equity
Amount
$1,200,000
Round
Undisclosed
Investors
Proceeds Purpose
"The proceeds from this investment will provide us with funding topursue our business plan. We intend to demonstrate our proven animal studyresults in humans which will allow us to go to the next level," saidRichard H. Smith, President. The company will occupy labs on Crabbs BranchWay in Rockville, MD.
Company Information
Company Status
Out of Business
Industry
Medical Devices & Instruments
Mailing Address
15601 Crabbs Branch Way
Derwood, MD 20855
USA
Derwood, MD 20855
USA
Phone
Website
Email Address
Overview
Flexible Medical Systems, LLC is a privately held, specialty medical device and diagnostic company focused on the development of new and innovative remote biomonitoring products and technologies for the connected healthcare market.
Management Team
Browse more venture capital transactions:
Prev: 9/21/2007: MeeVee venture capital transaction
Next: 9/24/2007: Xangati venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs