Tech Company Financing Transactions
Silk Road Medical Funding Round
Silk Road Medical secured a $57 million funding round on 10/21/2015. Backers included CRG, The Vertical Group and Warburg Pincus.
Transaction Overview
Company Name
Announced On
10/21/2015
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$57,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company will use proceeds from the financing to continue a controlled U.S. commercial introduction of the ENROUTE NPS and Stent system begun earlier this year, expand the clinical evidence base for TCAR in a large registry called ROADSTER2, and begin international expansion. A dedicated team of clinical and commercial experts has been hired, trained and deployed to support these efforts.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
1213 Innsbruck Dr.
Sunnyvale, CA 94089
USA
Sunnyvale, CA 94089
USA
Phone
Website
Email Address
Overview
Silk Road Medical, Inc. is a company that develops and manufactures less-invasive medical devices intended to improve the treatment of carotid artery disease through proprietary transcarotid therapies.
Management Team
Title
Name
Email & Social
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