Tech Company Financing Transactions

VeraLight Funding Round

VeraLight, operating out of Albuquerque, secured $5 million from Presidio Partners, The Psilos Group and Signal Peak Ventures.

Transaction Overview

Company Name
Announced On
7/28/2011
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series D
Investors

Presidio Partners (Lead Investor) (David Collier)

The Psilos Group (Lead Investor) (Lisa Suennen)

Signal Peak Ventures (Michael Connolly)

Proceeds Purpose
Proceeds purposes were not disclosed, however the company concurrently announced the CE Mark for its noninvasive diabetes screening device.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
800 Bradbury SE 217
Albuquerque, NM 87106
USA
Email Address
Overview
VeraLight, based in Albuquerque, is a privately held medical instrumentation company that was established in 2004 as an independent spinout of InLight Solutions to focus on a comprehensive approach to non-invasive diabetes screening.
Profile
VeraLight LinkedIn Company Profile
Social Media
VeraLight Company Twitter Account
Company News
VeraLight News
Facebook
VeraLight on Facebook
YouTube
VeraLight on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
David VanAvermaete
  David VanAvermaete LinkedIn Profile  David VanAvermaete Twitter Account  David VanAvermaete News  David VanAvermaete on Facebook
Chief Operating Officer
Ries Robinson
  Ries Robinson LinkedIn Profile  Ries Robinson Twitter Account  Ries Robinson News  Ries Robinson on Facebook
Chief Technical Officer
Marwood Ediger
  Marwood Ediger LinkedIn Profile  Marwood Ediger Twitter Account  Marwood Ediger News  Marwood Ediger on Facebook
VP - Operations
Scott Dolin
  Scott Dolin LinkedIn Profile  Scott Dolin Twitter Account  Scott Dolin News  Scott Dolin on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/28/2011: Yext venture capital transaction
Next: 7/28/2011: AccuVein venture capital transaction

 

Share this article

 


About Database of VC Transactions

We do our best to report on funding rounds that are announced publicly. VC investment data records on this site are derived from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary