Tech Company Financing Transactions
EnteroMedics Funding Round
EnteroMedics secured a $20 million venture capital round on 11/21/2008. Investors included Horizon Technology Finance, Silicon Valley Bank and Western Technology Investment.
Transaction Overview
Company Name
Announced On
11/21/2008
Transaction Type
Debt
Amount
$20,000,000
Round
Undisclosed
Proceeds Purpose
Proceeds from the loan will be used to repay the existing balance of the company's working-capital loan, fund clinical studies and cover general corporate expenses.
Company Information
Company Status
Publicly-held
Industry
Medical Devices & Instruments
Mailing Address
2800 Patton Rd.
St. Paul, MN 55113
USA
St. Paul, MN 55113
USA
Phone
Website
Email Address
Overview
EnteroMedics Inc. (NASDAQ: ETRM), a medical device company, focuses on the design and development of devices that use neuroblocking technology to treat obesity, metabolic diseases, and other gastrointestinal disorders.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Daniel Gladney
Chief Financial Officer
Scott Youngstrom
Chief Medical Officer
Scott Shikora
VP - Marketing
Paul Hickey
VP - Operations
Peter Delange
VP - Sales
Nick Ansari
Browse more venture capital transactions:
Prev: 11/20/2008: Adimab venture capital transaction
Next: 11/24/2008: Zuberance venture capital transaction
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We do our best to report on all VC transactions involving tech companies. VC transactions reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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