Tech Company Inital Public Offerings
Glaukos IPO
Headquartered in San Clemente, Glaukos completed its IPO.
Transaction Overview
Company Name
Announced On
6/26/2015
Transaction Type
IPO
Amount
$108,000,000
Proceeds Purpose
The principal purposes of this offering are to create a public market for our common stock, obtain additional capital, facilitate our future access to the public equity markets, increase awareness of our company among potential customers and improve our competitive position. We intend to use the net proceeds of this offering as follows: approximately $20.0 million to hire additional sales, marketing and customer service personnel and expand marketing programs both in the United States and outside the United States; approximately $15.0 million to fund clinical studies evaluating our pipeline of products under development and regulatory approvals for such products; approximately $15.0 million for the purchase of the glaucoma-related intellectual property and other assets from our affiliate DOSE Medical Corporation, or DOSE, pursuant to an asset purchase agreement dated as of July 10, 2014; and the remainder for working capital and other general corporate purposes.
Company Information
Company Status
Publicly-held
Industry
Medical Devices & Instruments
Mailing Address
229 Avenida Fabricante
San Clemente, CA 92672
USA
San Clemente, CA 92672
USA
Phone
Website
Email Address
Overview
Transforming Open-Angle Glaucoma Management Founded in 2001 and headquartered in Orange County, California, Glaukos Corporation is an ophthalmic medical device company that is committed to transforming the management of open-angle glaucoma.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 6/26/2015: Bento venture capital transaction
Next: 6/26/2015: Radiant Entertainment venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. All VC database entries reported here are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs