Shockwave Medical Secures $45,000,000 Series C Financing Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5a25c8ec-9c57-4f5d-b6a8-a0b18dfa15e5 - 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
