Tech Company Financing Transactions

Serica Technologies Funding Round

Serica Technologies, operating out of Medford, secured $12 million from Morningside Group, Prism VentureWorks and Ivy Capital Partners.

Transaction Overview

Company Name
Serica Technologies
Announced On
2/28/2007
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series C
Investors

Morningside Group (Lead Investor)

Prism VentureWorks (Lead Investor) (Brendan O'Leary)

Ivy Capital Partners (Robert Pangia)

Proceeds Purpose
The financing will fuel development of Serica's lead products, SeriACL(TM) for anterior cruciate ligament (ACL) repair, a common knee injury currently requiring significant rehabilitation following surgery; SeriCuff(TM), for rotator cuff injury; and Eplica Fascia(TM) and Eplica Silk(TM), for aesthetic and reconstructive plastic surgery.

Company Information

Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
200 Boston Ave 3700
Medford, MA 02155
USA
Phone
(781) 395-5552
Website
Email Address
[email protected]
Overview
The company leverages the elegance, purity, and strength of natural silk in combination with advances in biomedical engineering to solve large unmet clinical needs in connective tissue repair caused by disease, trauma, or aging.
Profile
Serica Technologies LinkedIn Company Profile
Social Media
Serica Technologies Company Twitter Account
Company News
Serica Technologies News
Facebook
Serica Technologies on Facebook
YouTube
Serica Technologies on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Greg Altman
  Greg Altman LinkedIn Profile  Greg Altman Twitter Account  Greg Altman News  Greg Altman on Facebook
Co-Founder
Gerald Chan
  Gerald Chan LinkedIn Profile  Gerald Chan Twitter Account  Gerald Chan News  Gerald Chan on Facebook

 

 

Browse more venture capital transactions:

Prev: 2/28/2007: Cryptek venture capital transaction
Next: 2/28/2007: Perception Software venture capital transaction

 

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