Tech Company Financing Transactions

Micro Interventional Devices Funding Round

Micro Interventional Devices secured a $5 million Series B funding round on 1/15/2013. Investors included Originate Ventures and Battelle Ventures.

Transaction Overview

Company Name
Micro Interventional Devices
Announced On
1/15/2013
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series B
Investors

Originate Ventures (Lead Investor) (Michael Gausling)

Battelle Ventures (Tracy Warren)

Proceeds Purpose
The funding will be used to support the ongoing development of the Permaseal� product, advance the STASIS clinical study (Sutureless Transapical Access and Closure Study) and obtain CE Mark approval for Permaseal. The funding will also support MID's research and development initiatives focused on developing its percutaneous transapical and large bore femoral access and closure devices.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
5 Caufield Pl. 102
Newtown, PA 18940
USA
Phone
Undisclosed
Website
www.microinterventional.com
Email Address
[email protected]
Overview
Micro Interventional Devices (MID) is an early stage medical device company that designs, manufactures and commercializes disruptive technologies for use in percutaneous and minimally invasive structural heart repair procedures.
Profile
Micro Interventional Devices LinkedIn Company Profile
Social Media
Micro Interventional Devices Company Twitter Account
Company News
Micro Interventional Devices News
Facebook
Micro Interventional Devices on Facebook
YouTube
Micro Interventional Devices on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Michael Whitman
  Michael Whitman LinkedIn Profile  Michael Whitman Twitter Account  Michael Whitman News  Michael Whitman on Facebook
Chief Scientific Officer
Willard Hennemann
  Willard Hennemann LinkedIn Profile  Willard Hennemann Twitter Account  Willard Hennemann News  Willard Hennemann on Facebook
VP - Marketing
Katherine Whitman
  Katherine Whitman LinkedIn Profile  Katherine Whitman Twitter Account  Katherine Whitman News  Katherine Whitman on Facebook
VP - Operations
Linda Morgan
  Linda Morgan LinkedIn Profile  Linda Morgan Twitter Account  Linda Morgan News  Linda Morgan on Facebook

 

 

Browse more venture capital transactions:

Prev: 1/15/2013: Gridtest Systems venture capital transaction
Next: 1/16/2013: Sungevity venture capital transaction

 

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