Tech Company Financing Transactions

Torax Medical Funding Round

On 8/8/2016, Torax Medical secured $25 million in Series E financing from Johnson & Johnson Development Corporation, Accuitive Medical Ventures and Kaiser Permanente Ventures.

Transaction Overview

Company Name
Announced On
8/8/2016
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series E
Investors

Johnson & Johnson Development Corporation (Lead Investor)

Accuitive Medical Ventures

Kaiser Permanente Ventures

Mayo Medical Ventures

Piper Jaffray Ventures (Thomas Schnettler)

Sanderling Ventures (Timothy Mills)

Thomas, McNerny & Partners (Peter McNerney)

Proceeds Purpose
Torax Medical will use the funds to commercially scale its platform of products, which are used to treat chronic diseases related to weak sphincter muscles.

Company Information

Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
One Landmark Square 1920
Stamford, CT 06901
USA
Email Address
Overview
Torax Medical is a clinical-stage medical device company founded in 2002.
Profile
Torax Medical LinkedIn Company Profile
Social Media
Torax Medical Company Twitter Account
Company News
Torax Medical News
Facebook
Torax Medical on Facebook
YouTube
Torax Medical on YouTube

Management Team

Title
Name
Email & Social
Chief Financial Officer
Susan Haedt
  Susan Haedt LinkedIn Profile  Susan Haedt Twitter Account  Susan Haedt News  Susan Haedt on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/7/2016: Graphiq venture capital transaction
Next: 8/8/2016: Oblong Industries venture capital transaction

 

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