Tech Company Financing Transactions

Novasys Medical Funding Round

Versant Ventures, Affinity Capital and Alloy Ventures participated in a $49.5 million Series D capital raise for Novasys Medical. The round was announced on 5/16/2008.

Transaction Overview

Company Name
Announced On
5/16/2008
Transaction Type
Venture Equity
Amount
$49,500,000
Round
Series D
Investors

Versant Ventures (Lead Investor) (Rebecca Robertson)

Affinity Capital

Alloy Ventures (Douglas Kelly)

Delphi Ventures (David Douglass)

INVESCO Private Capital

JPMorgan Partners

ONSET Ventures

Skyline Ventures (Steven Sullivan)

Three Arch Partners (Richard Lin)

Proceeds Purpose
Debra Reisenthel, President and CEO of Novasys Medical said, "This financing will enable the Company to further its efforts to bring the innovative Renessa® non-surgical treatment to women suffering from stress urinary incontinence (SUI). The funds will allow us to continue our clinical studies as well as secure reimbursement for the Renessa procedure."

Company Information

Company Status
Out of Business
Industry
Medical Devices & Instruments
Mailing Address
39684 Eureka Drive
Newark, CA 94560
USA
Email Address
Overview
Novasys Medical, Inc. (Newark, California) is a privately held, venture-backed company which is developing novel therapies for the treatment of female pelvic disorders.
Profile
Novasys Medical LinkedIn Company Profile
Social Media
Novasys Medical Company Twitter Account
Company News
Novasys Medical News
Facebook
Novasys Medical on Facebook
YouTube
Novasys Medical on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Scott Cramer
  Scott Cramer LinkedIn Profile  Scott Cramer Twitter Account  Scott Cramer News  Scott Cramer on Facebook
Chief Financial Officer
Michael Gandy
  Michael Gandy LinkedIn Profile  Michael Gandy Twitter Account  Michael Gandy News  Michael Gandy on Facebook
VP - Marketing
Lauri Campbell
  Lauri  Campbell LinkedIn Profile  Lauri  Campbell Twitter Account  Lauri  Campbell News  Lauri  Campbell on Facebook
VP - R & D
Simon Thomas
  Simon Thomas LinkedIn Profile  Simon Thomas Twitter Account  Simon Thomas News  Simon Thomas on Facebook
VP - Sales
Eric Heil
  Eric Heil LinkedIn Profile  Eric Heil Twitter Account  Eric Heil News  Eric Heil on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/16/2008: Paylocity venture capital transaction
Next: 5/16/2008: Increo Solutions venture capital transaction

 

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About Our VC Transactions Data

Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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