Tech Company Financing Transactions
NovaSom Funding Round
On 3/5/2008, NovaSom secured $20.5 million in funding from TPG Capital, Emergent Medical Partners and Lava Ventures.
Transaction Overview
Company Name
Announced On
3/5/2008
Transaction Type
Venture Equity
Amount
$20,500,000
Round
Undisclosed
Investors
TPG Capital (Lead Investor) (Keith Grossman)
Medventure Associates (Jan Barker)
Proceeds Purpose
The additional investment will be used to build a national sales and marketing capability, expand facilities, and continue driving the company's development of innovative applications for its proprietary NovaSom® QSG® diagnostic medical device and MediTrack® Patient Management System.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
801 Cromwell Park Dr. 108
Glen Burnie, MD 21061
USA
Glen Burnie, MD 21061
USA
Phone
Website
Email Address
Overview
NovaSom is a privately held diagnostic service provider for home testing and evaluation of sleep-disordered breathing, which includes the diagnosis of Obstructive Sleep Apnea (OSA).
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gregory Stokes
Chief Financial Officer
Terry O'Hara
Chief Medical Officer
Michael Coppola
Chief Operating Officer
Ernie Biczak
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