Tech Company Financing Transactions
Respicardia Funding Round
On 8/8/2012, Respicardia raised $6 million in funding from Ares Capital.
Transaction Overview
Company Name
Announced On
8/8/2012
Transaction Type
Debt
Amount
$6,000,000
Round
Undisclosed
Investors
Ares Capital (Lead Investor) (William DeMars)
Proceeds Purpose
The money will be used for working capital and to complete a pilot study of the company's sleep apnea treatment.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
12400 Whitewater Dr. 150
Minnetonka, MN 55343
USA
Minnetonka, MN 55343
USA
Phone
Website
Email Address
Overview
Founded in 2006 and headquartered near Minneapolis, Minnesota, Respicardia is dedicated to improving the lives of heart failure patients by developing implantable therapies designed to improve respiratory rhythm management and cardiovascular health.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Peter Sommerness
Chief Financial Officer
Tim Hauch
Chief Marketing Officer
Collin Anderson
Chief Medical Officer
Robin Germany
VP - R & D
Todd Goblish
VP - Regulatory Affairs
Timothy Meyer
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