Xconomy Seattle

EndoGastric Solutions Secures $12,000,000 Series B Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a719fa20-abc9-4a69-a52a-b35ad4d5ea23&Preview=1
Date
9/11/2004
Company Name
EndoGastric Solutions
Mailing Address
8210 154th Ave NE Redmond, WA 98052
Company Description
EndoGastric Solutions, Inc. (FKA Esophyx) is the pioneer in endoluminal procedures for the treatment of upper gastrointestinal diseases, including gastroesophageal reflux disease (GERD) and obesity. EGS’ mission is to utilize the most current wisdom in gastroenterology and surgery to develop new trans-oral procedures and products to address the largest unmet needs in gastrointestinal diseases.
Website
http://www.endogastricsolutions.com
Transaction Type
Venture Equity
Transaction Amount
$12,000,000
Transaction Round
Series B
Proceeds Purposes
The funds will be used to advance the company’s major program into clinical trials and for general corporate expenditures.
M&A Terms
Venture Investor
MPM Capital
Venture Investor
Advanced Technology Ventures
Venture Investor
Foundation Medical Partners