Tech Company Financing Transactions
Flowonix Medical Funding Round
On 11/13/2014, Flowonix Medical raised $40 million in investment from Clarus, Elevage Capital Management and Hercules Technology Growth Capital.
Transaction Overview
Company Name
Announced On
11/13/2014
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$40,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The Company expects to use the proceeds from this financing to further its investment in sales and marketing infrastructure, new product development and to support the commercial ramp of its Prometra Programmable Infusion Pump System in the chronic pain market.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
500 International Dr. 200
Mt. Olive, NJ 07828
USA
Mt. Olive, NJ 07828
USA
Phone
Website
Email Address
Overview
Flowonix is the creator of the Prometra drug delivery system. Learn how this treatment may help chronic pain patients!
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Larry Heaton
Chief Financial Officer
Lou Altieri
VP - Customer Service
Amber Melendez
VP - Operations
William Morrison
VP - R & D
Robert Lash
VP - Regulatory Affairs
Stephen Perez
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