Tech Company Financing Transactions
Centerline Biomedical Funding Round
Centerline Biomedical, based in Cleveland, secured $1.7 million in investment from private investors.
Transaction Overview
Company Name
Announced On
8/28/2015
Transaction Type
Venture Equity
Amount
$1,700,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to advance its system to the next phase of development and continue to test its proprietary surgical navigation system.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
10000 Cedar Ave.
Cleveland, OH 44106
USA
Cleveland, OH 44106
USA
Phone
Website
Email Address
Overview
Centerline Biomedical, a Cleveland Clinic spin-off, is developing an innovative system to navigate catheters and guide wires (and ultimately devices) in the 3D anatomy of vascular disease patients. This system will empower surgeons to perform safer, more accurate, and more efficient endovascular procedures.
Management Team
Title
Name
Email & Social
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Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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