Tech Company Financing Transactions
Svelte Medical Systems Funding Round
Svelte Medical Systems secured a $6 million funding round on 12/7/2009. Investors included CNF Investments and private investors.
Transaction Overview
Company Name
Announced On
12/7/2009
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Undisclosed
Investors
CNF Investments (Robert Flanagan)
Proceeds Purpose
The additional funding will work to continue to support Svelte Medical Systems' clinical trials and to expand its overall operational infrastructure.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
675 Central Ave.
New Providence, NJ 07974
USA
New Providence, NJ 07974
USA
Phone
Website
Email Address
Overview
Svelte Medical Systems, Inc. (Svelte) is a privately held company focused on delivering novel products in the $5 billion coronary stent market. Svelte has a mission to address key clinical issues in the stent market by improving stent deliverability, reducing cost and dramatically improving the safety of the device compared to currently market products.
Management Team
Title
Name
Email & Social
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