Tangent Medical Technologies Garners $4,500,000 Series A Round

  • Feed Type
  • Date
    11/3/2011
  • Company Name
    Tangent Medical Technologies
  • Mailing Address
    58 Parkland Plaza Ann Arbor, MI 48103
  • Company Description
    Tangent Medical Technologies, Inc., is a development stage medical device development company formed in 2009 as a spinout from the University of Michigan’s Medical Innovation Center fellowship program.
  • Website
    http://www.tangentmedical.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,500,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    Tangent plans to use the Series A proceeds for regulatory filings and commercial launch of the company’s lead product, the NovaCath™ Closed IV Catheter System.
  • M&A Terms
  • Venture Investor
    Arboretum Ventures
  • Venture Investor
    Flagship Ventures
  • Venture Investor
    Osage Ventures
  • Venture Investor
    Undisclosed

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