Concentric Medical Secures $15,000,000 New Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=aa01b739-b6aa-4d51-a483-5e0b85242aac&Preview=1 -
Date
1/8/2009 -
Company Name
Concentric Medical -
Mailing Address
301 East Evelyn Avenue Mountain View, CA 94041 -
Company Description
Concentric Medical, Inc., headquartered in Mountain View, CA, is a medical device company focused on the design, development and commercialization of products for restoring blood flow in patients who are experiencing an ischemic stroke. -
Website
http://www.concentric-medical.com -
Transaction Type
Venture Equity -
Transaction Amount
$15,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Concentric plans to accelerate market development through diversified technology and additional clinical trials, positioning the company well for 2009 and beyond. -
M&A Terms
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Venture Investor
New Enterprise Associates -
Venture Investor
Undisclosed
