Tech Company Financing Transactions

Lutonix Funding Round

Lutonix closed a $20 million Series B investment round on 10/27/2008. Investors included Versant Ventures, Delphi Ventures and RiverVest Venture Partners.

Transaction Overview

Company Name
Announced On
10/27/2008
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors

Versant Ventures (Lead Investor) (Kevin Wasserstein)

Delphi Ventures (John Maroney)

RiverVest Venture Partners (Jay Schmelter)

U.S. Venture Partners (Jonathan Root)

Proceeds Purpose
Lutonix will use the new capital for continued product development activities and to fund the company's initial human clinical trials.

Company Information

Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
7351 Kirkwood Lane North 138
Maple Grove, MN 55369
USA
Email Address
Overview
The Vision of Lutonix is to improve the quality of life for patients with vascular disease through innovative solutions.The Mission of Lutonix is to rapidly develop and commercialize the safest and most efficacious drug coated balloon catheters for treatment of vascular disease.
Profile
Lutonix LinkedIn Company Profile
Social Media
Lutonix Company Twitter Account
Company News
Lutonix News
Facebook
Lutonix on Facebook
YouTube
Lutonix on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Dennis Wahr
  Dennis Wahr LinkedIn Profile  Dennis Wahr Twitter Account  Dennis Wahr News  Dennis Wahr on Facebook
Chief Scientific Officer
Scott Naisbitt
  Scott Naisbitt LinkedIn Profile  Scott Naisbitt Twitter Account  Scott Naisbitt News  Scott Naisbitt on Facebook
Chief Technical Officer
Lixiao Wang
  Lixiao Wang LinkedIn Profile  Lixiao Wang Twitter Account  Lixiao Wang News  Lixiao Wang on Facebook
VP - Finance
Kari Kubesh
  Kari Kubesh LinkedIn Profile  Kari Kubesh Twitter Account  Kari Kubesh News  Kari Kubesh on Facebook
VP - R & D
Chris Barry
  Chris Barry LinkedIn Profile  Chris Barry Twitter Account  Chris Barry News  Chris Barry on Facebook
VP - Regulatory Affairs
Debra Lano
  Debra Lano LinkedIn Profile  Debra Lano Twitter Account  Debra Lano News  Debra Lano on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/27/2008: InfaCare Pharmaceutical venture capital transaction
Next: 10/27/2008: Digital Performance venture capital transaction

 

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We do our best to document every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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