Tech Company Financing Transactions
InSound Medical Funding Round
InSound Medical, based in Newark, received $15 million in investment from Intel Capital and HWVP.
Transaction Overview
Company Name
Announced On
9/23/2008
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series C
Investors
Intel Capital (Lead Investor) (Bryan Wolf)
HWVP (Douglas Hickey)
Proceeds Purpose
This investment will be used to expand InMage's North American sales channels and accelerate worldwide expansion, with an emphasis in Europe, the Middle East and Africa (EMEA) and Asia-Pacific (APAC) regions. Funds will also be directed toward product development and engineering of DR-Scout, InMage's flagship disaster recovery (DR) and business continuity software.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
39660 Eureka Drive
Newark, CA 94560
USA
Newark, CA 94560
USA
Phone
Website
Email Address
Overview
InSound Medical, Inc. is a privately held, venture backed creator and manufacturer of next generation hearing solutions.
Management Team
Title
Name
Email & Social
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