Tech Company Financing Transactions
Renal Solutions Funding Round
On 3/8/2005, Renal Solutions landed $16.5 million in Series B funding from Novitas Capital, Birchmere Ventures and Blue Chip Venture Company.
Transaction Overview
Company Name
Announced On
3/8/2005
Transaction Type
Venture Equity
Amount
$16,500,000
Round
Series B
Investors
Proceeds Purpose
This financing provides us with the capital necessary to introduce the Allient Sorbent Hemodialysis System to the acute and chronic dialysis markets and to conduct clinical trials for the home market once we receive FDA approval.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
770 Commonwealth Drive 101
Warrendale, PA 15086
USA
Warrendale, PA 15086
USA
Phone
Website
Email Address
Not Recorded
Overview
Renal Solutions, Inc., a medical device and health-care service company, is developing a revolutionary technology/service solution for the home and acute dialysis market and has a distinct competitive advantage as the exclusive provider of dialysis products and services utilizing sorbent-based toxin removal technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Peter DeComo
Chief Financial Officer
David Haffner
Chief Medical Officer
Derrick Latos
Vice President
R. Thompson
VP - Engineering
John Maholtz
VP - Operations
James Sweeney
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