Tech Company Financing Transactions

Spiration Funding Round

Spiration, based in Redmond, secured $18.5 million in funding from Versant Ventures, InterWest Partners and Investor Growth Capital.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity

Versant Ventures (Lead Investor) (Rebecca Robertson)

InterWest Partners (Gilbert Kliman)

Investor Growth Capital

New Enterprise Associates (Sigrid Van Bladel)

New Leaf Venture Partners (Jeani Delagardelle)

Three Arch Partners (Richard Lin)

Proceeds Purpose
Proceeds from this round will be used to support commercialization of the company's IBV® Valve System in Europe and to complete clinical work to support regulatory approval and the U.S. launch of the product.

Company Information

Company Status
Acquired or Merged
Medical Devices & Instruments
Mailing Address
6675 185th Avenue N.E.
Redmond, WA 98052
Email Address
Spiration Inc. designs, manufactures and markets innovative Medical Devices & Instruments for the treatment of lung disease, including lung cancer and chronic obstructive pulmonary disease (COPD), which together claim nearly 275,000 lives in the United States each year, according to the American Lung Association and the American Cancer Society.
Spiration LinkedIn Company Profile
Social Media
Spiration Company Twitter Account
Company News
Spiration News
Spiration on Facebook
Spiration on YouTube

Management Team

Email & Social
Chief Executive Officer
Richard Shea
  Richard Shea LinkedIn Profile  Richard Shea Twitter Account  Richard Shea News  Richard Shea on Facebook
Chief Operating Officer
Gregory Sessler
  Gregory Sessler LinkedIn Profile  Gregory Sessler Twitter Account  Gregory Sessler News  Gregory Sessler on Facebook
Chief Scientific Officer
Xavier Gonzalez
  Xavier Gonzalez LinkedIn Profile  Xavier Gonzalez Twitter Account  Xavier Gonzalez News  Xavier Gonzalez on Facebook
Vice President
Steven Springmeyer
  Steven Springmeyer LinkedIn Profile  Steven Springmeyer Twitter Account  Steven Springmeyer News  Steven Springmeyer on Facebook
VP - Finance
Gerald Ng
  Gerald Ng LinkedIn Profile  Gerald Ng Twitter Account  Gerald Ng News  Gerald Ng on Facebook
VP - Marketing
Nancy Hill
  Nancy Hill LinkedIn Profile  Nancy Hill Twitter Account  Nancy Hill News  Nancy Hill on Facebook



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Next: 3/25/2008: EnterpriseDB venture capital transaction


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