Tech Company Financing Transactions

Palyon Medical Funding Round

Palyon Medical closed a $21 million Series A investment round on 4/29/2009. Backers included Baird Capital, Arcus Ventures and BB Biotech Ventures .

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series A
Proceeds Purpose
The proceeds will be used to finance a multi-site clinical study and to commercialize Palyon's programmable implantable drug delivery system, which delivers targeted doses of pain medication directly to the spinal area.

Company Information

Company Status
Private & Independent
Medical Devices & Instruments
Mailing Address
28368 Constellation Rd. 390
Santa Clarita, CA 91355
Email Address
Palyon Medical Corporation is a medical device company developing technologies for the treatment of chronic pain, spasticity and other neurological diseases
Palyon Medical LinkedIn Company Profile
Social Media
Palyon Medical Company Twitter Account
Company News
Palyon Medical News
Palyon Medical on Facebook
Palyon Medical on YouTube

Management Team

Email & Social
Chief Executive Officer
Michael Sember
  Michael Sember LinkedIn Profile  Michael Sember Twitter Account  Michael Sember News  Michael Sember on Facebook
Chief Financial Officer
Douglas Fechter
  Douglas Fechter LinkedIn Profile  Douglas Fechter Twitter Account  Douglas Fechter News  Douglas Fechter on Facebook
VP - Regulatory Affairs
Ian Welsford
  Ian Welsford LinkedIn Profile  Ian Welsford Twitter Account  Ian Welsford News  Ian Welsford on Facebook



Browse more venture capital transactions:

Prev: 4/29/2009: Associated Content venture capital transaction
Next: 4/29/2009: Quantenna Communications venture capital transaction


Share this article


Where The Data Comes From

We do our best to record funding rounds that are announced publicly. VC investment data records reported here are sourced from company press releases and news coverage. The data is sourced from, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary