Tech Company Financing Transactions
Nerites Funding Round
On 2/15/2008, Nerites landed $5.7 million in Series A funding from Venture Investors.
Transaction Overview
Company Name
Announced On
2/15/2008
Transaction Type
Venture Equity
Amount
$5,700,000
Round
Series A
Investors
Venture Investors (Lead Investor) (George Arida)
Proceeds Purpose
The company will use the funding to refine product development plans, begin product development and expand its business development plan for bringing the first tissue adhesive products on to the market.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
505 South Rosa Road University Research Park 123
Madison, WI 53719
USA
Madison, WI 53719
USA
Phone
Website
Email Address
Overview
Nerites Corporation develops novel tissue repair products as well as advanced coatings for implanted medical devices and device uses on skin based on unique "wet" adhesive compounds.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Shaun Lonergan
Chief Scientific Officer
Phillip Messersmith
Browse more venture capital transactions:
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Where The Data Comes From
We record every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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