Xconomy Seattle

RF Surgical Systems, Inc. Garners $12,000,000 Series A Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=77004d5f-79e2-4576-9656-20d1bfd9dade&Preview=1
Date
7/25/2008
Company Name
RF Surgical Systems, Inc.
Mailing Address
2700 Richards Road Bellevue, WA 98005
Company Description
RF Surgical Systems, Inc. is a medical device company with headquarters in Bellevue, Washington and engineering R & D facilities in San Diego, California. The privately held company was founded by Chairman Jeffrey Port, M. D., a thoracic surgeon, and Chief Technology Officer William Blair, an electrical engineer.
Website
http://www.rfsurg.com
Transaction Type
Venture Equity
Transaction Amount
$12,000,000
Transaction Round
Series A
Proceeds Purposes
The Company intends to use the new capital to support the expansion of its RF Surgical Detection System™ into acute care hospitals throughout the country.
M&A Terms
Venture Investor
Menlo Ventures
Venture Investor
Stanford University