Tech Company Financing Transactions
Inspired Technologies Funding Round
On 3/31/2010, Inspired Technologies raised $15 million in funding from Birchmere Ventures and Draper Triangle Ventures.
Transaction Overview
Company Name
Announced On
3/31/2010
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Undisclosed
Investors
Birchmere Ventures (Ned Renzi)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Out of Business
Industry
Medical Devices & Instruments
Mailing Address
1061 Main Street
North Huntingdon, PA 15642
USA
North Huntingdon, PA 15642
USA
Phone
Email Address
Overview
Inspired Technologies' innovative oxygen liquefaction and patient-delivery technologies establish a new standard of home respiratory care for COPD patients, while offering home oxygen providers a way to strengthen their business model. These devices improve the COPD patient's saturation, ambulatory ability and overall quality of life, leading to better patient outcomes.
Management Team
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