EndoGastric Solutions Garners $5,000,000 Series A Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1421222e-6658-4fac-9ba4-eb21502671b5&Preview=1
Date
6/4/2003
Company Name
EndoGastric Solutions
Mailing Address
8210 154th Ave NE Redmond, WA 98052
Company Description
EndoGastric Solutions, Inc. (FKA Esophyx) is the pioneer in endoluminal procedures for the treatment of upper gastrointestinal diseases, including gastroesophageal reflux disease (GERD) and obesity. EGS’ mission is to utilize the most current wisdom in gastroenterology and surgery to develop new trans-oral procedures and products to address the largest unmet needs in gastrointestinal diseases.
Website
http://www.endogastricsolutions.com
Transaction Type
Venture Equity
Transaction Amount
$5,000,000
Transaction Round
Series A
Proceeds Purposes
To complete additional product development and to initiate clinical trials in patients with GERD.
M&A Terms
Venture Investor
Advanced Technology Ventures
Venture Investor
MPM Capital