Finance > Venture Deals Database > Venture Transactions Database > Monthly Deals (All) > June 2005 VC Transactions
Torax Medical

Tech Company Financing Transactions

Torax Medical Funding Round

Sanderling Ventures, Thomas, McNerny & Partners and Mayo Medical Ventures invested in a $10 million Series B funding round for Torax Medical. The financing round was announced on 6/28/2005.

Transaction Overview

Company Name

Torax Medical

Announced On

6/28/2005

Transaction Type

Venture Equity

Amount

$10,000,000

Round

Series B

Investors

Sanderling Ventures (Lead Investor)

Thomas, McNerny & Partners (Lead Investor)

Mayo Medical Ventures

Proceeds Purpose

The company will use the proceeds to complete pre-clinical testing of its new implantable device for treating acid reflux or gastroesophageal reflux disease (GERD). The company will also use the money to initiate clinical trials and hire additional personnel.

Company Information

Company Status

Acquired or Merged

Industry

Medical Devices & Instruments

Mailing Address

One Landmark Square 1920
Stamford, CT 06901
USA

Phone

(203) 978-2000

Website

www.tm-partners.com

Email Address

[email protected]

Overview

Torax Medical is a clinical-stage medical device company founded in 2002.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Financial Officer

Susan Haedt

Browse more venture capital transactions:

Prev: 6/28/2005: Exagen Diagnostics venture capital transaction
Next: 6/29/2005: Digital Harbor venture capital transaction

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

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