Xconomy Seattle

PhysioSonics, Inc Receives $2,000,000 Series A Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a4f4845e-71f4-4926-b667-0d0570f27278&Preview=1
Date
7/1/2009
Company Name
PhysioSonics, Inc
Mailing Address
Undisclosed Undisclosed, WA 98100
Company Description
PhysioSonics, formerly known as Allez PhysiOnix, is a privately held company, founded in 2000 with technology developed at the University of Washington. The company has developed and patented a number of new technologies including an ultrasound-based technology to provide a transcranial Doppler (TCD) neuromonitor.
Website
http://www.physiosonics.com
Transaction Type
Venture Equity
Transaction Amount
$2,000,000
Transaction Round
Series A
Proceeds Purposes
The company will use these funds for commercialization of their first product “We are very excited with the continued validation of our product development as more neurosurgeons, anesthesiologists and cardiologists view our technology,” says Brad Harlow, President& CEO of PhysioSonics.
M&A Terms
Venture Investor
Undisclosed