Xconomy San Diego

BeneChill Lands $13,500,000 Series C Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=30190483-e992-4e64-bf9e-3c6be8bf8c92&Preview=1
Date
7/20/2009
Company Name
BeneChill
Mailing Address
10060 Carroll Canyon Rd San Diego, CA 92131
Company Description
Benechill Corp. has been working towards reducing tissue damage in patients with cerebral ischemia by rapidly and non-invasively cooling targeted areas of the body.
Website
http://www.benechill.com
Transaction Type
Venture Equity
Transaction Amount
$13,500,000
Transaction Round
Series C
Proceeds Purposes
Proceeds will be used to fund early commercialization of the company’s RhinoChill device.
M&A Terms
Venture Investor
Healthcap Venture Capital
Venture Investor
Medventure Associates
Venture Investor
Solon Education Foundation