Tech Company Financing Transactions

Seventh Sense Biosystems Funding Round

Seventh Sense Biosystems, based in Medford, secured $16 million from Flagship Pioneering, Novartis Venture Fund and Polaris Partners.

Transaction Overview

Announced On
8/11/2014
Transaction Type
Debt
Debt
Venture Equity
Venture Equity
Amount
$16,000,000
Round
Series B
Investors

Flagship Pioneering (Douglas Cole)

Novartis Venture Fund (Marc Ceulemans)

Polaris Partners (Alan Crane)

Siemens Venture Capital (Ralf Schnell)

Proceeds Purpose
7SBio will use the proceeds from this financing to complete the development of its Touch Activated Phlebotomy (TAP) platform, which is designed to significantly improve the convenience and efficiency of blood collection.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
200 Boston Ave. 3700
Medford, MA 02155
USA
Email Address
Overview
The company's proprietary TAP Touch Activated Phlebotomy technology enables painless, convenient and safe blood collection and is the foundation for a rich pipeline of products from painless, one-step sampling to integrated collection and analysis for a total decentralized testing solution
Profile
Seventh Sense Biosystems LinkedIn Company Profile
Social Media
Seventh Sense Biosystems Company Twitter Account
Company News
Seventh Sense Biosystems News
Facebook
Seventh Sense Biosystems on Facebook
YouTube
Seventh Sense Biosystems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Harry Wilcox
  Harry Wilcox LinkedIn Profile  Harry Wilcox Twitter Account  Harry Wilcox News  Harry Wilcox on Facebook
Chief Operating Officer
Timothy Richards
  Timothy Richards LinkedIn Profile  Timothy Richards Twitter Account  Timothy Richards News  Timothy Richards on Facebook
Chief Scientific Officer
Howard Bernstein
  Howard Bernstein LinkedIn Profile  Howard Bernstein Twitter Account  Howard Bernstein News  Howard Bernstein on Facebook
VP - Bus. Development
Stuart Blitz
  Stuart Blitz LinkedIn Profile  Stuart Blitz Twitter Account  Stuart Blitz News  Stuart Blitz on Facebook
VP - Engineering
Jerry Brightbill
  Jerry Brightbill LinkedIn Profile  Jerry Brightbill Twitter Account  Jerry Brightbill News  Jerry Brightbill on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/11/2014: PonoMusic venture capital transaction
Next: 8/11/2014: Chairish venture capital transaction

 

Share this article

 


About Our VC Transactions Data

Our team works diligently to report on tech company VC transactions. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary