Tech Company Financing Transactions

Medingo Funding Round

On 11/21/2007, Medingo secured $27 million in investment from Elron Electronic Industries and Radius Ventures.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Proceeds Purpose
Medingo is developing a miniature dispensing patch for insulin-dependent diabetic patients. The device is a convenient, easy to use, discreet, and more cost-effective than standard insulin pumps. Medingo expects to obtain US Food and Drug Administration (FDA) approval for the patch and begin marketing it in 2008.

Company Information

Company Status
Out of Business
Medical Devices & Instruments
Mailing Address
2735 Calkins Road P.O.B. 261
Yoqneam Illit , 20692
Email Address
Medingo Ltd. develops cutting edge technologies for the welfare of people living with diabetes. Our systems are designed to best serve the patient, while taking into consideration changing daily needs and preferences.
Medingo LinkedIn Company Profile
Social Media
Medingo Company Twitter Account
Company News
Medingo News
Medingo on Facebook
Medingo on YouTube

Management Team

Email & Social
General Manager
David Vidan
  David Vidan LinkedIn Profile  David Vidan Twitter Account  David Vidan News  David Vidan on Facebook



Browse more venture capital transactions:

Prev: 11/21/2007: Quantenna Communications venture capital transaction
Next: 11/21/2007: Kalido venture capital transaction


Share this article


About Database of VC Transactions

We do our best to record every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The information comes to us via our partnership with, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary