Tech Company Financing Transactions
ReShape Medical Funding Round
On 4/22/2015, ReShape Medical received $12 million in financing from Oxford Finance and Silicon Valley Bank.
Transaction Overview
Company Name
Announced On
4/22/2015
Transaction Type
Debt
Amount
$12,000,000
Round
Undisclosed
Investors
Oxford Finance (Christopher Herr)
Silicon Valley Bank (Brett Maver)
Proceeds Purpose
ReShape Medical specializes in a dual-intragastric balloon for weight loss, ReShape Integrated Dual Balloon System, which is used as an aid in the treatment of obese patients. Proceeds of the loan will be used for marketing purposes and for future product enhancements.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
236 Avenida Fabricante 201
San Clemente, CA 92672
USA
San Clemente, CA 92672
USA
Phone
Website
Email Address
Overview
ReShape DuoTM is the first and only non-surgical, dual-intragastric balloon treatment designed for those who want a fast track to weight loss without the risks of surgery or side effects of drugs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Mangano
Chief Medical Officer
John Lehmann
VP - R & D
Janel Birk
VP - Regulatory Affairs
Mary Lou Mooney
VP - Sales
Mike Moehring
VP - Sales
Amy Scott
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