Tech Company Financing Transactions

U-Systems Funding Round

On 12/19/2003, U-Systems secured $25.6 million in funding from Sycamore Ventures and Siemens Venture Capital.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity

Sycamore Ventures (Lead Investor)

Siemens Venture Capital (Andrew Jay)

Proceeds Purpose
These funds will be used to build out the manufacturing and sales groups for the launch of the FFBU in first quarter 2004.

Company Information

Company Status
Acquired or Merged
Medical Devices & Instruments
Mailing Address
447 Indio Way
Sunnyvale, CA 94085
Email Address
U-Systems, Inc., founded in Silicon Valley in 1997, designs, develops, manufactures and markets innovative ultrasound systems to assist the radiologist in the diagnosis of breast cancer. The company has developed a leadership position in advanced ultrasound breast imaging systems and has incorporated proprietary hardware and software technology in the Full Field Breast Ultrasound System.
U-Systems LinkedIn Company Profile
Social Media
U-Systems Company Twitter Account
Company News
U-Systems News
U-Systems on Facebook
U-Systems on YouTube

Management Team

Email & Social
Chief Executive Officer
Ronald Ho
  Ronald Ho LinkedIn Profile  Ronald Ho Twitter Account  Ronald Ho News  Ronald Ho on Facebook
Chief Financial Officer
Fred Ong
  Fred Ong LinkedIn Profile  Fred Ong Twitter Account  Fred Ong News  Fred Ong on Facebook
Bob Wang
  Bob Wang LinkedIn Profile  Bob Wang Twitter Account  Bob Wang News  Bob Wang on Facebook
VP - Engineering
Jiayu Chen
  Jiayu Chen LinkedIn Profile  Jiayu Chen Twitter Account  Jiayu Chen News  Jiayu Chen on Facebook
VP - Regulatory Affairs
Lisa Scott
  Lisa Scott LinkedIn Profile  Lisa Scott Twitter Account  Lisa Scott News  Lisa Scott on Facebook



Browse more venture capital transactions:

Prev: 12/19/2003: StrataLight Communications venture capital transaction
Next: 12/22/2003: Skylight Healthcare Systems venture capital transaction


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