Tech Company Financing Transactions
Cardiosolutions Funding Round
Cardiosolutions closed a $8 million funding round on 7/11/2012. Investors included Sorin Group.
Transaction Overview
Company Name
Announced On
7/11/2012
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Sorin's $8 million investment in Cardiosolutions will finance on-going product development and clinical testing of the technology. Under the terms of the agreement, Sorin has also an option to acquire the company in the future.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
375 West St.
West Bridgewater, MA 02379
USA
West Bridgewater, MA 02379
USA
Phone
Website
Email Address
Overview
Cardiosolutions develop less invasive alternatives to open surgical procedures addressing the mitral valve of the heart.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Steven Tallarida
Chief Executive Officer
Michael Benoit
Chief Medical Officer
Thomas Piemonte
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Next: 7/11/2012: Hireology venture capital transaction
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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