Relievant Medsystems Garners $36,000,000 New Round

  • Feed Type
  • Date
    10/12/2016
  • Company Name
    Relievant Medsystems
  • Mailing Address
    2688 Middlefield Road Redwood City, CA 94063 USA
  • Company Description
    Relievant MedSystems is a medical device company developing novel products to treat lower back pain using a minimally invasive therapeutic approach. The company was founded in 2004 and is headquartered in San Francisco, California.
  • Website
    http://www.relievant.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $36,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The proceeds from the financing will be used to advance additional clinical studies, expand and enhance the product portfolio, and accelerate commercial activities, including strategic initiatives with Medicare contractors and third-party private payors.
  • M&A Terms
  • Venture Investor
    New Enterprise Associates
  • Venture Investor
    Canaan Partners
  • Venture Investor
    Emergent Medical Partners
  • Venture Investor
    Morgenthaler Ventures

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