DFINE Obtains $25,000,000 New Financing Round

  • Feed Type
  • Date
    11/8/2011
  • Company Name
    DFINE
  • Mailing Address
    3047 Orchard Parkway San Jose, CA 95134
  • Company Description
    The company develops electrosurgical systems for treating tissue.
  • Website
    http://www.dfineinc.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $25,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The financing enables DFINE to make a greater investment in its launch of the Spinal Tumor Ablation with Radiofrequency (STAR™) System later this year and in early 2012. Emphasis will include the initiation of clinical studies necessary to build a body of evidence in favor of the treatment, and clinical marketing initiatives to support its commercial uptake. The company will also allocate funds for other pipeline projects and the continued expansion of its sales organization.
  • M&A Terms
  • Venture Investor
    OrbiMed
  • Venture Investor
    Prospect Venture Partners
  • Venture Investor
    Split Rock Partners
  • Venture Investor
    Vanguard Ventures
  • Venture Investor
    BBT Fund
  • Venture Investor
    Highfields Capital Management

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