Tech Company Financing Transactions

Rheonix Funding Round

Cayuga Venture Fund, Rand Capital and private investors participated in a $14 million funding round for Rheonix. The financing round closed on 12/19/2013.

Transaction Overview

Company Name
Announced On
12/19/2013
Transaction Type
Debt
Venture Equity
Amount
$14,000,000
Round
Undisclosed
Investors

Cayuga Venture Fund (Lead Investor)

Rand Capital (Lead Investor) (Allen Grum)

Proceeds Purpose
The funds will be used to expand the company's physical operations to produce consumables and systems to fulfill Rheonix's joint development agreement with Life Technologies Corp. and for the commercialization of its first clinical, molecular diagnostic product offering.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
10 Brown Rd. 103
Ithaca, NY 14850
USA
Email Address
Overview
Rheonix, Inc. is exploiting its novel, patented, polymer chip microfluidic technology to introduce products that address some of the hottest issues in global healthcare today: Avian Influenza, HPV, TB, Dengue Fever, AIDS.
Profile
Rheonix LinkedIn Company Profile
Social Media
Rheonix Company Twitter Account
Company News
Rheonix News
Facebook
Rheonix on Facebook
YouTube
Rheonix on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Gregory Galvin
  Gregory Galvin LinkedIn Profile  Gregory Galvin Twitter Account  Gregory Galvin News  Gregory Galvin on Facebook
Chief Financial Officer
Christopher Smith
  Christopher Smith LinkedIn Profile  Christopher Smith Twitter Account  Christopher Smith News  Christopher Smith on Facebook
Vice President
John Brenner
  John Brenner LinkedIn Profile  John Brenner Twitter Account  John Brenner News  John Brenner on Facebook
VP - Engineering
Doug Olsen
  Doug Olsen LinkedIn Profile  Doug Olsen Twitter Account  Doug Olsen News  Doug Olsen on Facebook
VP - Marketing
Brooke Schwartz
  Brooke Schwartz LinkedIn Profile  Brooke Schwartz Twitter Account  Brooke Schwartz News  Brooke Schwartz on Facebook
VP - Regulatory Affairs
Richard Montagna
  Richard Montagna LinkedIn Profile  Richard Montagna Twitter Account  Richard Montagna News  Richard Montagna on Facebook
VP - Sales
Kenny Salky
  Kenny Salky LinkedIn Profile  Kenny Salky Twitter Account  Kenny Salky News  Kenny Salky on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/19/2013: Lens Vector venture capital transaction
Next: 12/19/2013: Federated Media Publishing venture capital transaction

 

Share this article

 


Where The Data Comes From

We document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary