RF Surgical Systems Obtains $12,000,000 New Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c91e9930-09b0-40eb-ac1e-d802e81d05c6&Preview=1 -
Date
9/13/2011 -
Company Name
RF Surgical Systems -
Mailing Address
3326 160th Avenue SE Bellevue, WA 98008 -
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
Undisclosed -
Proceeds Purposes
RF Surgical will use this funding to drive customer growth and product innovation. The company will focus on several strategic initiatives to accelerate market capture including the expansion of the company’s sales and field support team. This funding will also allow the company to intensify key R&D programs such as the development of a market-leading solution to tag surgical instruments and otherpatient safety-related products. -
M&A Terms
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Venture Investor
Split Rock Partners -
Venture Investor
Menlo Ventures -
Venture Investor
Stanford University
