Tech Company Financing Transactions

Vital Therapies Funding Round

Vital Therapies, based in San Diego, raised $16 million from private investors.

Transaction Overview

Company Name
Announced On
9/28/2012
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The San Diego-based company plans to use the capital to run Phase III clinical trials of a product that combines liver cells with a medical device that could help people with acute liver failure.

Company Information

Company Status
Publicly-held
Industry
Medical Devices & Instruments
Mailing Address
15010 Ave. of Science 200
San Diego, CA 92128
USA
Email Address
Overview
Vital Therapies, Inc. (NASDAQ: VTL) is a new company formed in 2003 to continue the development of the ELAD (Extracorporeal Liver Assist Device) System, which augments the metabolic functions of a patient's liver, thereby enabling a bridge to transplant or liver recovery. VTI acquired the assets and business of VitaGen/Hepatix.
Profile
Vital Therapies LinkedIn Company Profile
Social Media
Vital Therapies Company Twitter Account
Company News
Vital Therapies News
Facebook
Vital Therapies on Facebook
YouTube
Vital Therapies on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Russell Cox
  Russell Cox LinkedIn Profile  Russell Cox Twitter Account  Russell Cox News  Russell Cox on Facebook
Chief Financial Officer
Michael Swanson
  Michael Swanson LinkedIn Profile  Michael Swanson Twitter Account  Michael Swanson News  Michael Swanson on Facebook
Chief Technical Officer
Robert Ashley
  Robert Ashley LinkedIn Profile  Robert Ashley Twitter Account  Robert Ashley News  Robert Ashley on Facebook
President
Duane Nash
  Duane Nash LinkedIn Profile  Duane Nash Twitter Account  Duane Nash News  Duane Nash on Facebook


 

 

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Prev: 9/28/2012: ChowNow venture capital transaction
Next: 9/28/2012: RAMP venture capital transaction

 

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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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