Tech Company Financing Transactions
ALung Technologies Funding Round
ALung Technologies, based in Pittsburgh, raised $10 million from Birchmere Ventures, Eagle Ventures and private investors.
Transaction Overview
Company Name
Announced On
2/6/2012
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series B
Investors
Birchmere Ventures (Gary Glausser)
Proceeds Purpose
The investment will support the continued commercialization of ALung's flagship product, the Hemolung Respiratory Assist System (RAS), which provides partial respiratory assistance to patients in acute respiratory failure.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
2500 Jane St. 1
Pittsburgh, PA 15203
USA
Pittsburgh, PA 15203
USA
Phone
Website
Email Address
Not Recorded
Overview
ALung provides Respiratory Dialysis with the Hemolung RAS, a simple, minimally invasive extracorporeal carbon dioxide removal (ECCO2R) system.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Peter DeComo
Chief Financial Officer
David Haffner
VP - Engineering
Jeremy Kimmel
VP - General Counsel
Rachel Allen
VP - Operations
Joseph Argyros
VP - Regulatory Affairs
Frank Falcione
VP - Regulatory Affairs
Laura Lund
Browse more venture capital transactions:
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