Idev Technologies Lands $46,000,000 Series D Funding

  • Feed Type
  • Date
    10/7/2010
  • Company Name
    Idev Technologies
  • Mailing Address
    253 Medical Center Blvd. Webster, TX 77598
  • Company Description
    IDev Technologies, Inc. is an organization focused on innovation, inspiration, and next generation medical device products designed for endovascular interventional use.
  • Website
    http://www.idevmd.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $46,000,000
  • Transaction Round
    Series D
  • Proceeds Purposes
    The proceeds from the financing will be used to fund SUPERB, the ongoing, multi-center IDE superficial femoral artery clinical trial for the company’s self-expanding SUPERA stent, new clinical trials in support of other peripheral artery indications, the development of new interventional products, and sales and marketing initiatives to support continued revenue growth.
  • M&A Terms
  • Venture Investor
    Piper Jaffray Ventures
  • Venture Investor
    PTV Sciences
  • Venture Investor
    Bay City Capital
  • Venture Investor
    RiverVest Venture Partners
  • Venture Investor
    Heron Capital

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