Tech Company Financing Transactions
Myomo Funding Round
Myomo secured a $5 million Series B funding round on 5/14/2015. Investors included Mountain Group Capital and private investors.
Transaction Overview
Company Name
Announced On
5/14/2015
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series B
Investors
Mountain Group Capital (Lead Investor)
Proceeds Purpose
The additional funding will be used as working capital as well as to support investments in sales and marketing, new product development, and expanded clinical studies of the company's MyoPro powered orthosis.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
1 Bdwy. 14th Floor
Cambridge, MA 02142
USA
Cambridge, MA 02142
USA
Phone
Website
Email Address
Overview
Myomo is pioneering NeuroRobotics, a new category of non-invasive medical device technology to help people relearn how to move severely weak or partially paralyzed limbs. Originally an acronym for Muscle-Motion, Myomo (pronounced MY-O-MO) was re-defined as My-Own-Motion by one of the first patients to ever use our device.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Paul Gudonis
Chief Marketing Officer
Cliff Conneighton
Chief Medical Officer
Brandon Green
VP - Engineering
Gene Tacy
VP - Product Management
Jonathan Naft
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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.
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