Tech Company Financing Transactions
SonaCare Medical Funding Round
SonaCare Medical, based in Charlotte, secured $3 million from Decathlon Capital Partners.
Transaction Overview
Company Name
Announced On
8/5/2017
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The capital will fund sales initiatives following the Medicare C-Code approval, which went into effect on July 1.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
10130 Perimeter Pkwy. 250
Charlotte, NC 28216
USA
Charlotte, NC 28216
USA
Phone
Website
Email Address
Overview
SonaCare Medical designs and manufactures HIFU surgical ablation systems that offer physicians and patients both clinical effectiveness and quality-of-life interventions. SonaCare Medical's strategic vision is to develop and commercialize a range of products aimed at bringing the benefits of therapeutic focused ultrasound to as many patients as possible.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mark Carol
Chief Scientific Officer
Narendra Sanghvi
Chief Technical Officer
Ralf Seip
VP - Finance
Neal Sangani
VP - Sales
Alex Gonzalez
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Where The Data Comes From
We do our best to document all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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