Shockwave Medical Secures $45,000,000 Series C Financing Round

  • Feed Type
  • Date
    11/23/2016
  • Company Name
    Shockwave Medical
  • Mailing Address
    48501 Warm Springs Blvd. Fremont, CA 94539 USA
  • Company Description
    The Lithoplasty family of balloon dilatation catheters incorporate tiny lithotripsy electrodes designed to increase the compliance of rigid vascular and valvular lesions prior to low-pressure dilation, thereby limiting injury to healthy tissue and overcoming significant limitations of current revascularization technologies.
  • Website
    http://www.shockwavemedical.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $45,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    Proceeds from the financing will be used to advance development of the company’s Lithoplasty balloon catheter platform into new therapeutic areas and to expand commercialization of the technology for the treatment of peripheral vascular disease in both the United States and the European Union.
  • M&A Terms
  • Venture Investor
    Sectoral Asset Management
  • Venture Investor
    T. Rowe Price
  • Venture Investor
    Sofinnova Ventures
  • Venture Investor
    Venrock
  • Venture Investor
    RA Capital
  • Venture Investor
    Deerfield Capital
  • Venture Investor
    Ally Bridge Group
  • Venture Investor
    Undisclosed

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