Tech Company Financing Transactions
SmartPill Funding Round
SmartPill, operating out of Buffalo, secured $7.7 million from Oxford Bioscience Partners and private investors.
Transaction Overview
Company Name
Announced On
6/30/2010
Transaction Type
Venture Equity
Amount
$7,700,000
Round
Undisclosed
Investors
Oxford Bioscience Partners (Omar Amirana)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
847 Main Street
Buffalo, NY 14203
USA
Buffalo, NY 14203
USA
Phone
Website
Email Address
Overview
The SmartPill GI Monitoring System is a new, in-office method for assessing gastric motility. The wireless SmartPill pH.p Capsule collects pH, pressure and temperature data from throughout the entire gastrointestinal tract. SmartPill is indicated for use in evaluating patients with suspected delayed gastric emptying.
Management Team
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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