Tech Company Financing Transactions
Cartiva Funding Round
Cartiva, based in Alpharetta, raised $8.5 million from New Enterprise Associates, private investors and Windham Venture Partners.
Transaction Overview
Company Name
Announced On
4/17/2015
Transaction Type
Venture Equity
Venture Equity
Venture Equity
Amount
$8,500,000
Round
Series D
Investors
New Enterprise Associates (Lead Investor) (Justin Klein)
Proceeds Purpose
Proceeds from the financing are expected to fund the Company through PMA approval of its Cartiva Synthetic Cartilage Implant following the Company's previously announced submission of the PMA application to FDA last month. The proceeds will also support the post 510(k) clearance clinical evaluations of the Company's ProxiFuse Hammertoe Correction System and its GRIP Study evaluating Cartiva SCI in the treatment of osteoarthritis at the base of the thumb.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
6120 Windward Pkwy. 220
Alpharetta, GA 30005
USA
Alpharetta, GA 30005
USA
Phone
Website
Email Address
Overview
Cartiva is a developer of innovative products for the treatment of cartilage injuries and osteoarthritis.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Timothy Patrick
Chief Financial Officer
Peter Pizzo
Vice President
Katie Strother
VP - Engineering
Carribeth Ramey
VP - Operations
Richard Knostman
VP - Regulatory Affairs
Deborah Moore
VP - Sales
Robert Singer
Browse more venture capital transactions:
Prev: 4/17/2015: Core2 Group venture capital transaction
Next: 4/17/2015: Shinesty venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on every notable VC transaction. All VC database entries reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs