Tech Company Financing Transactions

EnteroMedics Funding Round

EnteroMedics secured a $45.2 million Series C funding round on 7/19/2006. Investors included InterWest Partners, Aberdare Ventures and Bay City Capital.

Transaction Overview

Company Name
Announced On
7/19/2006
Transaction Type
Venture Equity
Amount
$45,200,000
Round
Series C
Proceeds Purpose
EnteroMedics plans to use the funding to continue its development activities, expand its clinical studies, and initiate commercialization of its technology.

Company Information

Company Status
Publicly-held
Industry
Medical Devices & Instruments
Mailing Address
2800 Patton Rd.
St. Paul, MN 55113
USA
Email Address
Overview
EnteroMedics Inc. (NASDAQ: ETRM), a medical device company, focuses on the design and development of devices that use neuroblocking technology to treat obesity, metabolic diseases, and other gastrointestinal disorders.
Profile
EnteroMedics LinkedIn Company Profile
Social Media
EnteroMedics Company Twitter Account
Company News
EnteroMedics News
Facebook
EnteroMedics on Facebook
YouTube
EnteroMedics on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Daniel Gladney
  Daniel Gladney LinkedIn Profile  Daniel Gladney Twitter Account  Daniel Gladney News  Daniel Gladney on Facebook
Chief Financial Officer
Scott Youngstrom
  Scott Youngstrom LinkedIn Profile  Scott Youngstrom Twitter Account  Scott Youngstrom News  Scott Youngstrom on Facebook
Chief Medical Officer
Scott Shikora
  Scott Shikora LinkedIn Profile  Scott Shikora Twitter Account  Scott Shikora News  Scott Shikora on Facebook
VP - Marketing
Paul Hickey
  Paul Hickey LinkedIn Profile  Paul Hickey Twitter Account  Paul Hickey News  Paul Hickey on Facebook
VP - Operations
Peter Delange
  Peter Delange LinkedIn Profile  Peter Delange Twitter Account  Peter Delange News  Peter Delange on Facebook
VP - Sales
Nick Ansari
  Nick Ansari LinkedIn Profile  Nick Ansari Twitter Account  Nick Ansari News  Nick Ansari on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/19/2006: Jobster venture capital transaction
Next: 7/20/2006: BARRX Medical venture capital transaction

 

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We do our best to report on all VC transactions involving tech companies. VC transactions reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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