CardioFocus Garners $11,000,000 New Financing

  • Feed Type
  • Date
    5/3/2013
  • Company Name
    CardioFocus
  • Mailing Address
    500 Nickerson Road Marlborough, MA 01752
  • Company Description
    CardioFocus, Inc. is a privately held medical device company based in Maynard, Massachusetts. The company is developing, manufacturing and marketing proprietary, disposable fiber optic catheters for the visualization of the cardiac anatomy and the treatment of cardiac arrhythmias such as atrial fibrillation.
  • Website
    http://www.cardiofocus.com
  • Transaction Type
    Debt
  • Transaction Amount
    $11,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Funds will be used to increase the company’s available capital to fund growth, while it expands its international commercialization and completes enrollment in its pivotal trial of the CardioFocus HEARTLIGHT Endoscopic Ablation System.
  • M&A Terms
  • Venture Investor
    Oxford Finance
  • Venture Investor
    Silicon Valley Bank

By posting a comment, you agree to our terms and conditions.