Tech Company Financing Transactions

Spiration Funding Round

Spiration, based in Redmond, secured $13.4 million from Guidant, InterWest Partners and Investor Growth Capital.

Transaction Overview

Company Name
Spiration
Announced On
4/3/2006
Transaction Type
Venture Equity
Amount
$13,400,000
Round
Series F
Investors

Guidant

InterWest Partners (Gilbert Kliman)

Investor Growth Capital

New Enterprise Associates (Sigrid Van Bladel)

New Leaf Venture Partners (Jeani Delagardelle)

Three Arch Partners (Richard Lin)

Versant Ventures (Rebecca Robertson)

Proceeds Purpose
The financing will be used to fund clinical trials for the company's lead product, the IBV" Intra-Bronchial Valve System, including a multi-center, randomized pivotal study in the U.S. and a multi-country study in Europe.

Company Information

Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
6675 185th Avenue N.E.
Redmond, WA 98052
USA
Phone
(425) 497-1700
Website
www.spiration.com
Email Address
[email protected]
Overview
Spiration Inc. designs, manufactures and markets innovative Medical Devices & Instruments for the treatment of lung disease, including lung cancer and chronic obstructive pulmonary disease (COPD), which together claim nearly 275,000 lives in the United States each year, according to the American Lung Association and the American Cancer Society.
Profile
Spiration LinkedIn Company Profile
Social Media
Spiration Company Twitter Account
Company News
Spiration News
Facebook
Spiration on Facebook
YouTube
Spiration on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Richard Shea
  Richard Shea LinkedIn Profile  Richard Shea Twitter Account  Richard Shea News  Richard Shea on Facebook
Chief Operating Officer
Gregory Sessler
  Gregory Sessler LinkedIn Profile  Gregory Sessler Twitter Account  Gregory Sessler News  Gregory Sessler on Facebook
Chief Scientific Officer
Xavier Gonzalez
  Xavier Gonzalez LinkedIn Profile  Xavier Gonzalez Twitter Account  Xavier Gonzalez News  Xavier Gonzalez on Facebook
Vice President
Steven Springmeyer
  Steven Springmeyer LinkedIn Profile  Steven Springmeyer Twitter Account  Steven Springmeyer News  Steven Springmeyer on Facebook
VP - Finance
Gerald Ng
  Gerald Ng LinkedIn Profile  Gerald Ng Twitter Account  Gerald Ng News  Gerald Ng on Facebook
VP - Marketing
Nancy Hill
  Nancy Hill LinkedIn Profile  Nancy Hill Twitter Account  Nancy Hill News  Nancy Hill on Facebook

 

 

Browse more venture capital transactions:

Prev: 3/31/2006: SiPort venture capital transaction
Next: 4/3/2006: Pivot Trader venture capital transaction

 

Share this article

 

About Our VC Transactions Data

We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary

 

Copyright © 2001-2024. Gaebler Ventures. All rights reserved.