Tech Company Financing Transactions

DFINE Funding Round

DFINE closed a $25 million financing round on 11/8/2011. Investors included BBT Fund, Highfields Capital Management and OrbiMed.

Transaction Overview

Company Name
Announced On
11/8/2011
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors

BBT Fund

Highfields Capital Management

OrbiMed (Jonathan Silverstein)

Prospect Venture Partners (Russell Hirsch)

Split Rock Partners (Josh Baltzell)

Vanguard Ventures (Thomas McConnell)

Proceeds Purpose
The financing enables DFINE to make a greater investment in its launch of the Spinal Tumor Ablation with Radiofrequency (STAR�) System later this year and in early 2012. Emphasis will include the initiation of clinical studies necessary to build a body of evidence in favor of the treatment, and clinical marketing initiatives to support its commercial uptake. The company will also allocate funds for other pipeline projects and the continued expansion of its sales organization.

Company Information

Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
3047 Orchard Pkwy.
San Jose, CA 95134
USA
Email Address
Overview
Dedicated to relieving pain and improving the quality of life for patients suffering from vertebral pathologies through radiofrequency (RF) targeted therapies.
Profile
DFINE LinkedIn Company Profile
Social Media
DFINE Company Twitter Account
Company News
DFINE News
Facebook
DFINE on Facebook
YouTube
DFINE on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Greg Barrett
  Greg Barrett LinkedIn Profile  Greg Barrett Twitter Account  Greg Barrett News  Greg Barrett on Facebook
VP - Manufacturing
Patrick Mercer
  Patrick Mercer LinkedIn Profile  Patrick Mercer Twitter Account  Patrick Mercer News  Patrick Mercer on Facebook
VP - Marketing
Douglas Petty
  Douglas Petty LinkedIn Profile  Douglas Petty Twitter Account  Douglas Petty News  Douglas Petty on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/8/2011: Cherry venture capital transaction
Next: 11/8/2011: Intent Media venture capital transaction

 

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We do our best to report on funding rounds that are announced publicly. VC transactions reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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