Tech Company Financing Transactions

Luminous Medical Funding Round

Luminous Medical closed a $23.5 million Series B investment round on 3/18/2008. Investors included Adams Harkness Ventures, De Novo Ventures and Latterell Venture Partners.

Transaction Overview

Company Name
Luminous Medical
Announced On
3/18/2008
Transaction Type
Venture Equity
Amount
$23,500,000
Round
Series B
Investors

Adams Harkness Ventures (Lead Investor) (Michael Lynn)

De Novo Ventures (Jay Watkins)

Latterell Venture Partners (Steven Salmon)

Proceeds Purpose
"We are pleased to have such a strong group of investors supporting our company. This is a positive endorsement for Luminous Medical and its technology," said Rick Thompson, President and CEO. "We will use these funds to complete product development and pursue our commercialization strategy."

Company Information

Company Status
Out of Business
Industry
Medical Devices & Instruments
Mailing Address
1920 Palomar Point Way
Carlsbad, CA 92010
USA
Phone
(760) 448-4814
Website
www.luminousmedical.com
Email Address
[email protected]
Overview
Luminous Medical is developing an automated blood glucose monitor to address the rapidly growing clinical demand for tight glycemic control (TGC). Clinical data demonstrates significant morbidity and mortality benefits from normalizing glucose levels in hyperglycemic patients.
Profile
Luminous Medical LinkedIn Company Profile
Social Media
Luminous Medical Company Twitter Account
Company News
Luminous Medical News
Facebook
Luminous Medical on Facebook
YouTube
Luminous Medical on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Richard Thompson
  Richard Thompson LinkedIn Profile  Richard Thompson Twitter Account  Richard Thompson News  Richard Thompson on Facebook
Chief Technical Officer
Shonn Hendee
  Shonn Hendee LinkedIn Profile  Shonn Hendee Twitter Account  Shonn Hendee News  Shonn Hendee on Facebook
VP - Marketing
David McMahon
  David McMahon LinkedIn Profile  David McMahon Twitter Account  David McMahon News  David McMahon on Facebook
VP - Operations
Jim Macemon
  Jim Macemon LinkedIn Profile  Jim Macemon Twitter Account  Jim Macemon News  Jim Macemon on Facebook

 

 

Browse more venture capital transactions:

Prev: 3/18/2008: Axial Biotech venture capital transaction
Next: 3/18/2008: Vovici venture capital transaction

 

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