Veniti Obtains $13,500,000 Series A Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e898fa08-f2f6-4be1-afea-3501657e9ef6&Preview=1 -
Date
3/8/2011 -
Company Name
Veniti -
Mailing Address
47533 Westinghouse Dr. Fremont, CA 94539 -
Company Description
Veniti, Inc., is a St. Louis, MO. – based medical device company focused on the development of innovative solutions for the comprehensive treatment of chronic venous insufficiency, a condition that affects up to 20% of all U.S. adults. -
Website
http://www.venitimedical.com -
Transaction Type
Venture Equity -
Transaction Amount
$13,500,000 -
Transaction Round
Series A -
Proceeds Purposes
The proceeds will be used to acquire two additional medical device companies and begin commercialization of multiple products singularly focused on treating chronic venous disease. -
M&A Terms
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Venture Investor
Baird Venture Partners -
Venture Investor
Hambrecht & Quist Capital Management -
Venture Investor
Prolog Ventures -
Venture Investor
St. Louis Arch Angels -
Venture Investor
Individual Investor
