Tech Company Financing Transactions
CircuLite Funding Round
CircuLite, operating out of Saddle Brook, raised $30 million from Forbion Capital Partners and private investors.
Transaction Overview
Company Name
Announced On
11/30/2011
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series D
Investors
Forbion Capital Partners (Lead Investor) (Martien van Osch)
Proceeds Purpose
Proceeds from the Series D financing will support the anticipated European commercial launch of the Synergy® circulatory support system for patients with Class IIIb and early Class IV heart failure, pending the receipt of CE Mark approval anticipated in the first half of 2012. The Series D funding will also support the U.S. clinical development of Synergy from a pilot IDE study through the initiation of a pivotal trial, and will enable CircuLite to initiate a first-in-human study in Europe with an endovascular system.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
250 Pehle Ave. Park 80 West 403
Saddle Brook, NJ 07663
USA
Saddle Brook, NJ 07663
USA
Phone
Website
Email Address
Overview
CircuLite is a cardiovascular device company, focused on developing minimally-invasive micro-pumps to treat chronic heart failures.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Doug Godshall
Chief Financial Officer
Peter McAree
Chief Medical Officer
Katrin Leadley
Chief Scientific Officer
Jeffrey LaRose
VP - General Counsel
Larry Knopf
VP - R & D
Mark Strong
VP - Regulatory Affairs
Bob Yocher
VP - Sales
Jim Schuermann
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