Gynesonics Obtains $15,591,000 New Financing

  • Feed Type
  • Date
    8/2/2010
  • Company Name
    Gynesonics
  • Mailing Address
    604 Fifth Avenue Redwood City, CA 94063
  • Company Description
    Gynesonics is a private company that is developing a novel, minimally invasive system to treat uterine fibroid tumors, The VizAblate™ system. Gynesonics’ disposable, hand-held device combines ultrasound imaging to allow the gynecologist to identify fibroids with radiofrequency energy to ablate the tumor. In addition to a simple procedure for the physician, Gynesonics same-day out patient treatment should be easier for the patient and at a far lower cost for insurers.
  • Website
    http://www.gynesonics.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,591,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Undisclosed