Tech Company Financing Transactions

SmartPill Funding Round

On 7/22/2008, SmartPill secured $20 million in Series B funding from Oxford Bioscience Partners, Primary Venture Partners and The Psilos Group.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series B

Oxford Bioscience Partners (Jeffrey Barnes)

Primary Venture Partners (Bela Musits)

The Psilos Group (Joseph Riley)

Proceeds Purpose
This financing will fuel the growth of SmartPill as we conduct further clinical trials to expand our indications for use and increase our sales and reimbursement efforts.

Company Information

Company Status
Acquired or Merged
Medical Devices & Instruments
Mailing Address
847 Main Street
Buffalo, NY 14203
Email Address
The SmartPill GI Monitoring System is a new, in-office method for assessing gastric motility. The wireless SmartPill pH.p Capsule collects pH, pressure and temperature data from throughout the entire gastrointestinal tract. SmartPill is indicated for use in evaluating patients with suspected delayed gastric emptying.
SmartPill LinkedIn Company Profile
Social Media
SmartPill Company Twitter Account
Company News
SmartPill News
SmartPill on Facebook
SmartPill on YouTube

Management Team

Email & Social
Chief Executive Officer
Nachum Shamir
  Nachum Shamir LinkedIn Profile  Nachum Shamir Twitter Account  Nachum Shamir News  Nachum Shamir on Facebook
Chief Technical Officer
John Semler
  John Semler LinkedIn Profile  John Semler Twitter Account  John Semler News  John Semler on Facebook



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