SEDline Lands $3,500,000 New Financing Round

  • Feed Type
  • Date
    1/12/2010
  • Company Name
    SEDline
  • Mailing Address
    Undisclosed Irvine, CA 92612
  • Company Description
    SEDLine, Inc. is a research-focused company with the mission to expand the scope and applications for neuromonitoring. Based on over 10 years of technical and clinical development, the SEDLine core product is a pioneering four-channel brain-function monitor that measures the effects of anesthesia and sedation by simultaneously analyzing, quantifying and displaying both sides of the brain’s electrical activity. The SEDLine monitor is currently in use at some of the nation’s leading healthcare institutions. Privately held and based in Irvine, California, SEDLine has an active R&D effort underway to develop advanced brain function monitoring technologies for next generation monitors to further improve the care of patients under anesthesia or sedation.
  • Website
    Undisclosed
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $3,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Masimo’s investment will allow SEDLine to continue to support its existing customers, market to new customers, and expand its research and development efforts.
  • M&A Terms
  • Venture Investor
    Undisclosed