Tech Company Financing Transactions
Mitralign Funding Round
Mitralign, based in Tewksbury, scored $7 million from Horizon Technology Finance and Square 1 Bank.
Transaction Overview
Company Name
Announced On
9/11/2012
Transaction Type
Debt
Amount
$7,000,000
Round
Undisclosed
Proceeds Purpose
The funds provided under the venture loan facility will be used to support Mitralign's continued product development.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
3 Highwood Dr. 200E
Tewksbury, MA 01876
USA
Tewksbury, MA 01876
USA
Phone
Website
Email Address
Overview
We are currently developing an innovative, catheter- based mitral valve repair system that not only provides an alternative to open heart surgery but emulates the traditional surgical repair technique. The condition treated,mitral valve regurgitation (MR), is common in patients with Congestive Heart Failure.
Management Team
Title
Name
Email & Social
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