Gynesonics Obtains $15,591,000 New Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=281cce43-5238-4d09-babc-84a70b1be6d8&Preview=1 -
Date
8/2/2010 -
Company Name
Gynesonics -
Mailing Address
604 Fifth Avenue Redwood City, CA 94063 -
Company Description
Gynesonics is a private company that is developing a novel, minimally invasive system to treat uterine fibroid tumors, The VizAblate™ system. Gynesonics’ disposable, hand-held device combines ultrasound imaging to allow the gynecologist to identify fibroids with radiofrequency energy to ablate the tumor. In addition to a simple procedure for the physician, Gynesonics same-day out patient treatment should be easier for the patient and at a far lower cost for insurers. -
Website
http://www.gynesonics.com -
Transaction Type
Venture Equity -
Transaction Amount
$15,591,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Proceeds purposes were not disclosed. -
M&A Terms
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Venture Investor
Undisclosed
