Tech Company Financing Transactions
Tactile Systems Technology Funding Round
Tactile Systems Technology, based in Minneapolis, received $11.8 million from Galen Partners.
Transaction Overview
Company Name
Announced On
10/29/2007
Transaction Type
Venture Equity
Amount
$11,800,000
Round
Undisclosed
Investors
Galen Partners (Lead Investor)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Publicly-held
Industry
Medical Devices & Instruments
Mailing Address
1331 Tyler St. NE 200
Minneapolis, MN 55413
USA
Minneapolis, MN 55413
USA
Phone
Website
Email Address
Overview
Tactile Systems Technology, Inc. (NASDAQ: TCMD) was founded in 1995 to develop and market a medical device for the effective treatment of lymphedema and venous insufficiencies. The Flexitouch Lymphedema System, Tactile System's patented 2-Phase Lymph Preparation & Drainage therapy system, is the result of over six years of research and development.
Profile
Social Media
Company News
Facebook
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Management Team
Title
Name
Email & Social
Chief Executive Officer
Jerry Mattys
Chief Financial Officer
Brent Moen
Chief Operating Officer
Robert Folkes
VP - Human Resources
Juleen Krings
VP - Marketing
Darren Wennen
VP - Sales
Bryan Rishe
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