Tech Company Financing Transactions

SmartPill Funding Round

On 7/22/2008, SmartPill secured $20 million in Series B funding from Oxford Bioscience Partners, Primary Venture Partners and The Psilos Group.

Transaction Overview

Company Name
Announced On
7/22/2008
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series B
Investors

Oxford Bioscience Partners (Jeffrey Barnes)

Primary Venture Partners (Bela Musits)

The Psilos Group (Joseph Riley)

Proceeds Purpose
This financing will fuel the growth of SmartPill as we conduct further clinical trials to expand our indications for use and increase our sales and reimbursement efforts.

Company Information

Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
847 Main Street
Buffalo, NY 14203
USA
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.
Profile
SmartPill LinkedIn Company Profile
Social Media
SmartPill Company Twitter Account
Company News
SmartPill News
Facebook
SmartPill on Facebook
YouTube
SmartPill on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Nachum Shamir
  Nachum Shamir LinkedIn Profile  Nachum Shamir Twitter Account  Nachum Shamir News  Nachum Shamir on Facebook
Chief Technical Officer
John Semler
  John Semler LinkedIn Profile  John Semler Twitter Account  John Semler News  John Semler on Facebook


 

 

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Prev: 7/22/2008: ResponseLogix venture capital transaction
Next: 7/22/2008: MyToons.com venture capital transaction

 

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About Our VC Transactions Data

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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