Tech Company Financing Transactions

Nevro Funding Round

Nevro secured a $58 million venture capital round on 7/20/2011. Investors included Johnson & Johnson Development Corporation, Aberdare Ventures and Accuitive Medical Ventures.

Transaction Overview

Company Name
Announced On
7/20/2011
Transaction Type
Venture Equity
Amount
$58,000,000
Round
Undisclosed
Investors

Johnson & Johnson Development Corporation (Lead Investor) (Rami Elghandour)

Aberdare Ventures (Paul Klingenstein)

Accuitive Medical Ventures

Bay City Capital (Nathan Pliam)

Mayo Medical Ventures

MPM Capital

Three Arch Partners (William Harrington)

Proceeds Purpose
The funds will be used to sponsor a pivotal clinical study in the U.S. and provide continued support for the company's international commercialization strategy.

Company Information

Company Status
Publicly-held
Industry
Medical Devices & Instruments
Mailing Address
1800 Bridge Pkwy.
Redwood City, CA 94065
USA
Email Address
Overview
Nevro (NYSE: NVRO) was established with the vision of providing unprecedented pain relief to those suffering from low back pain and other challenging types of chronic pain. Over 1.5 billion people suffer from chronic pain worldwide1, and back pain is the leading cause of disability for people under 45 years old.2
Profile
Nevro LinkedIn Company Profile
Social Media
Nevro Company Twitter Account
Company News
Nevro News
Facebook
Nevro on Facebook
YouTube
Nevro on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Keith Grossman
  Keith Grossman LinkedIn Profile  Keith Grossman Twitter Account  Keith Grossman News  Keith Grossman on Facebook
Chief Financial Officer
Rod MacLeod
  Rod MacLeod  LinkedIn Profile  Rod MacLeod  Twitter Account  Rod MacLeod  News  Rod MacLeod  on Facebook
Chief Medical Officer
David Caraway
  David Caraway LinkedIn Profile  David Caraway Twitter Account  David Caraway News  David Caraway on Facebook
Controller
Richard Carter
  Richard Carter LinkedIn Profile  Richard Carter Twitter Account  Richard Carter News  Richard Carter on Facebook
VP - General Counsel
Kashif Rashid
  Kashif Rashid LinkedIn Profile  Kashif Rashid Twitter Account  Kashif Rashid News  Kashif Rashid on Facebook
VP - R & D
Christofer Christoforou
  Christofer Christoforou LinkedIn Profile  Christofer Christoforou Twitter Account  Christofer Christoforou News  Christofer Christoforou on Facebook


 

 

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Prev: 7/20/2011: LifeShield Security venture capital transaction
Next: 7/20/2011: Azulstar venture capital transaction

 

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Where The Data Comes From

We record all VC transactions involving tech companies. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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