Tech Company Financing Transactions
Inspired Technologies Funding Round
Inspired Technologies closed a financing round on 10/3/2007. Backers included Birchmere Ventures, Cardinal Partners and Draper Triangle Ventures.
Transaction Overview
Company Name
Announced On
10/3/2007
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Proceeds Purpose
Inspired Technologies, founded in May 2005 as COPD Partners, anticipates deploying the proceeds to fuel its current product launch and accelerate its technology pipeline of innovative respiratory products.
Company Information
Company Status
Out of Business
Industry
Medical Devices & Instruments
Mailing Address
1061 Main Street
North Huntingdon, PA 15642
USA
North Huntingdon, PA 15642
USA
Phone
Email Address
Overview
Inspired Technologies' innovative oxygen liquefaction and patient-delivery technologies establish a new standard of home respiratory care for COPD patients, while offering home oxygen providers a way to strengthen their business model. These devices improve the COPD patient's saturation, ambulatory ability and overall quality of life, leading to better patient outcomes.
Management Team
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