Tech Company Financing Transactions
Restore Medical Funding Round
On 3/18/2004, Restore Medical raised $26.5 million in Series C financing from Bessemer Venture Partners, CLS and MPM Capital.
Transaction Overview
Company Name
Announced On
3/18/2004
Transaction Type
Venture Equity
Amount
$26,500,000
Round
Series C
Investors
Proceeds Purpose
The company plans to use the proceeds to continue commercialzation of the Pillar System.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
2800 Patton Road
St. Paul, MN 55113
USA
St. Paul, MN 55113
USA
Phone
Website
Email Address
Not Recorded
Overview
Restore Medical, Inc. (Nasdaq: REST) develops, manufactures and markets our proprietary Pillar palatal implant system, or Pillar System, an innovative, minimally invasive, implantable medical device to treat sleep disordered breathing, which includes obstructive sleep apnea, or OSA, and snoring.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Robert Paulson
Chief Financial Officer
Christopher Geyen
Vice President
Philip Radichel
VP - Marketing
Michael Kujak
VP - Operations
John Sopp
VP - R & D
Paul Buscemi
VP - Regulatory Affairs
David Bremseth
VP - Sales
Craig Palmer
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