Tech Company Financing Transactions
U-Systems Funding Round
On 12/19/2003, U-Systems secured $25.6 million in funding from Sycamore Ventures and Siemens Venture Capital.
Transaction Overview
Company Name
Announced On
12/19/2003
Transaction Type
Venture Equity
Amount
$25,600,000
Round
Undisclosed
Investors
Sycamore Ventures (Lead Investor)
Siemens Venture Capital (Andrew Jay)
Proceeds Purpose
These funds will be used to build out the manufacturing and sales groups for the launch of the FFBU in first quarter 2004.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
447 Indio Way
Sunnyvale, CA 94085
USA
Sunnyvale, CA 94085
USA
Phone
Website
Email Address
Overview
U-Systems, Inc., founded in Silicon Valley in 1997, designs, develops, manufactures and markets innovative ultrasound systems to assist the radiologist in the diagnosis of breast cancer. The company has developed a leadership position in advanced ultrasound breast imaging systems and has incorporated proprietary hardware and software technology in the Full Field Breast Ultrasound System.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ronald Ho
Chief Financial Officer
Fred Ong
Founder
Bob Wang
VP - Engineering
Jiayu Chen
VP - Regulatory Affairs
Lisa Scott
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