Advanced Cardiac Therapeutics Secures $5,000,000 Series B Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a7ab356c-5ca3-4163-a7e7-c67f0226f679&Preview=1
Date
1/11/2010
Company Name
Advanced Cardiac Therapeutics
Mailing Address
968 Skyline Drive Laguna Beach, CA 92651
Company Description
Advanced Cardiac Therapeutics, Inc. develops and manufactures products for use in electrophysiology based on microwave radiometry technology. Its products provide real-time feedback of energy delivered by catheters during cardiac ablation procedures. The company has a strategic relationship with Hansen Medical Inc. Advanced Cardiac Therapeutics, Inc. was incorporated in 2007 and is based in Laguna Beach, California.
Website
Undisclosed
Transaction Type
Venture Equity
Transaction Amount
$5,000,000
Transaction Round
Series B
Proceeds Purposes
The round is expected to support commercialization in Europe.
M&A Terms
Venture Investor
NBGI Ventures
Venture Investor
Undisclosed