Tech Company Financing Transactions
Xthetix Funding Round
Xthetix secured a $2 million Series A funding round on 10/19/2006. Backers included 3i Venture Capital.
Transaction Overview
Company Name
Announced On
10/19/2006
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Series A
Investors
3i Venture Capital (Allan Ferguson)
Proceeds Purpose
Proceeds will be used to further develop the product and ready it for launch.
Company Information
Company Status
Out of Business
Industry
Medical Devices & Instruments
Mailing Address
33 South Sycamore St
Mesa, AZ 85202
USA
Mesa, AZ 85202
USA
Phone
Website
Email Address
Overview
Xthetix, Inc. is a consumer skin care medical device company formed todevelop, manufacture and market novel therapeutic ultrasound products forthe expanding over-the-counter (OTC) aesthetics market. The company's leadproduct is a medical device used to safely and effectively treat andprevent acne, a $6 billion market.
Management Team
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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