Spiration Inc. Secures $18,500,000 New Financing

  • Feed Type
  • Date
    3/25/2008
  • Company Name
    Spiration Inc.
  • Mailing Address
    6675 185th Avenue N.E. Redmond, WA 98052
  • Company Description
    Spiration Inc. designs, manufactures and markets innovative Medical Devices & Instruments for the treatment of lung disease, including lung cancer and chronic obstructive pulmonary disease (COPD), which together claim nearly 275,000 lives in the United States each year, according to the American Lung Association and the American Cancer Society.
  • Website
    http://www.spiration.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $18,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds from this round will be used to support commercialization of the company’s IBV® Valve System in Europe and to complete clinical work to support regulatory approval and the U.S. launch of the product.
  • M&A Terms
  • Venture Investor
    Versant Ventures
  • Venture Investor
    New Enterprise Associates
  • Venture Investor
    New Leaf Venture Partners
  • Venture Investor
    InterWest Partners
  • Venture Investor
    Investor Growth Capital
  • Venture Investor
    Three Arch Partners

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