Tech Company Financing Transactions
InSightec Funding Round
On 11/29/2007, InSightec received $30 million in funding from MediTech Advisors and private investors.
Transaction Overview
Company Name
Announced On
11/29/2007
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Undisclosed
Investors
MediTech Advisors (Morry Blumenfeld)
Proceeds Purpose
InSightec reported that the funds would be used to expand its research and development efforts, for marketing and sales activities, and for general corporate purposes.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
5 Nachum Heth St.
Tirat Carmel, 3912001
Israel
Tirat Carmel, 3912001
Israel
Phone
Website
Email Address
Overview
INSIGHTEC is the pioneer of Magnetic Resonance guided Focused Ultrasound (MRgFUS), used for non-invasive treatments in an outpatient setting.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Maurice Ferré
Chief Financial Officer
Roni Karie
Founder
Kobi Vortman
VP - Operations
Baruch Avruch
VP - Operations
Eyal Zadicario
VP - R & D
Moni Carmeli
VP - Regulatory Affairs
Nadir Alikacem
Browse more venture capital transactions:
Prev: 11/28/2007: American Aerogel venture capital transaction
Next: 11/29/2007: Fate Therapeutics venture capital transaction
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