Tech Company Financing Transactions

CVRx Funding Round

CVRx secured a $84 million Series E venture capital round on 7/30/2008. Investors included New Enterprise Associates, BBT Fund and Frazier Healthcare Partners.

Transaction Overview

Company Name
CVRx
Announced On
7/30/2008
Transaction Type
Venture Equity
Amount
$84,000,000
Round
Series E
Investors

New Enterprise Associates (Lead Investor) (John Nehra)

BBT Fund

Frazier Healthcare Partners

InterWest Partners (Michael Sweeney)

Johnson & Johnson Development Corporation

SightLine Partners (Buzz Benson)

Thomas Weisel Venture Partners

Proceeds Purpose
CVRx plans to use the funding to complete the hypertension pivotal trial, as well as for product development and building a sales and marketing organization in anticipation of product launch. In addition, CVRx will launch clinical research initiatives in the use of Rheos for the treatment of heart failure. Heart failure affects 5 million patients in the United States.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
9201 West Broadway Ave. 650
Minneapolis, MN 55445
USA
Phone
(763) 416-2840
Website
www.cvrx.com
Email Address
[email protected]
Overview
CVRx developed an implantable technology, called Barostim neo, for the treatment of high blood pressure and heart failure.
Profile
CVRx LinkedIn Company Profile
Social Media
CVRx Company Twitter Account
Company News
CVRx News
Facebook
CVRx on Facebook
YouTube
CVRx on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Nadim Yared
  Nadim Yared LinkedIn Profile  Nadim Yared Twitter Account  Nadim Yared News  Nadim Yared on Facebook
Chief Financial Officer
John Brintnall
  John Brintnall LinkedIn Profile  John Brintnall Twitter Account  John Brintnall News  John Brintnall on Facebook
VP - R & D
Liz Galle
  Liz Galle LinkedIn Profile  Liz Galle Twitter Account  Liz Galle News  Liz Galle on Facebook
VP - Regulatory Affairs
Dean Bruhn-Ding
  Dean Bruhn-Ding LinkedIn Profile  Dean Bruhn-Ding Twitter Account  Dean Bruhn-Ding News  Dean Bruhn-Ding on Facebook

 

 

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