Tech Company Financing Transactions
AirXpanders Funding Round
AirXpanders, based in Palo Alto, received $7 million in investment from GE Healthcare Financial Services.
Transaction Overview
Company Name
Announced On
4/3/2014
Transaction Type
Debt
Amount
$7,000,000
Round
Undisclosed
Investors
GE Healthcare Financial Services (Neil Bonnano)
Proceeds Purpose
The credit facility provides additional flexibility for AirXpanders' product development needs. Specifically, it will be used primarily to fund the completion of the U.S. clinical trial and implement semi-automation into the AeroForm manufacturing process to increase throughput as the company seeks to file for 510(k) clearance in the U.S.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
1047 Elwell Ct.
Palo Alto, CA 94303
USA
Palo Alto, CA 94303
USA
Phone
Website
Email Address
Overview
AirXpanders has developed the AeroForm tissue expander, a patient controlled breast tissue expander that could change the field of reconstructive surgery.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Scott Dodson
Chief Operating Officer
Scott Murcray
VP - Human Resources
Gwen Drain
VP - Marketing
Jennie Kim
VP - Operations
Tony Morefield
VP - R & D
Mark Payne
VP - Regulatory Affairs
Kathy Kelley
VP - Regulatory Affairs
Belinda Pinedo
VP - Sales
Anthony Carnemolla
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