Tangent Medical Technologies Garners $4,500,000 Series A Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7dae3c99-3601-426e-9af4-0583de486185&Preview=1 -
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
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Venture Investor
Arboretum Ventures -
Venture Investor
Flagship Ventures -
Venture Investor
Osage Ventures -
Venture Investor
Undisclosed
