Tech Company Financing Transactions
Orqis Medical Funding Round
Orqis Medical closed a $12 million Series D funding round on 3/26/2007. Backers included Boston Scientific Corporation, Care Capital and Domain Associates.
Transaction Overview
Company Name
Announced On
3/26/2007
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series D
Investors
Proceeds Purpose
Ken Charhut, President and CEO of Orqis Medical. "These funds will enable the company to complete the MOMENTUM Pivotal Trial, submit the PMA application for the percutaneous Cancion System to the FDA, and advance the Exeleras implantable device through first human use."
Company Information
Company Status
Out of Business
Industry
Medical Devices & Instruments
Mailing Address
300 Carlsbad Village Dr 108A-354
Carlsbad, CA 92008
USA
Carlsbad, CA 92008
USA
Phone
Website
Email Address
Overview
Orqis Medical Corporation is a privately held clinical-stage medical device company that is investigating its discovery of a novel approach to prevent or reverse the underlying disease progression of congestive heart failure.
Management Team
Browse more venture capital transactions:
Prev: 3/26/2007: AdMob venture capital transaction
Next: 3/26/2007: CardioNet venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC transactions reported here are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs