Tech Company Financing Transactions
MobileODT Funding Round
OrbiMed and private investors participated in a $6.8 million Series B funding round for MobileODT. The round was announced on 7/6/2017.
Transaction Overview
Company Name
Announced On
7/6/2017
Transaction Type
Venture Equity
Amount
$6,825,000
Round
Series B
Investors
OrbiMed (Lead Investor) (Ronny Ginor)
Proceeds Purpose
MobileODT plans to use the Series B funding to continue to expand its product portfolio and IP as well as grow sales and marketing efforts in the US and international markets in which it is currently selling.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
1732 1st Ave. 20574
New York, NY 10128
USA
New York, NY 10128
USA
Phone
Website
Email Address
Overview
While health care providers are working tirelessly to reach more patients, access to expert-level care remains out of reach for over 5 billion people around the world. From the United States to Kenya, lack of infrastructure including a shortage of trained medical personnel, outdated equipment, and tight budgets contribute to this barrier to access.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC investment data records on this site come from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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