Tech Company Financing Transactions
Paracor Medical Funding Round
Aberdare Ventures, Alta Partners and De Novo Ventures invested in a $44.4 million Series D funding round for Paracor Medical. The round was announced on 6/28/2007.
Transaction Overview
Company Name
Announced On
6/28/2007
Transaction Type
Venture Equity
Amount
$44,350,000
Round
Series D
Investors
Proceeds Purpose
The new funds will primarily be used to support the recently initiated PEERLESS-HF pivotal clinical trial of the Company's HeartNetTM device.
Company Information
Company Status
Out of Business
Industry
Medical Devices & Instruments
Mailing Address
155 Moffett Park Drive C-1
Sunnyvale, CA 94089
USA
Sunnyvale, CA 94089
USA
Phone
Website
Email Address
Overview
Paracor Medical is an innovative medical device company focused on providing unique, technology-driven solutions for the treatment of heart failure. Founded in 1999, Paracor was established to pursue new and innovative ways to treat heart failure (HF) that would not require the patient to undergo open chest surgery.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
William Mavity
Browse more venture capital transactions:
Prev: 6/28/2007: LoyaltyLab venture capital transaction
Next: 6/28/2007: Beganto venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs