PhysioSonics Obtains Series B Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=db4b1a74-31bf-4786-967a-84a5addc3171&Preview=1
Date
1/28/2011
Company Name
PhysioSonics
Mailing Address
14450 NE 29th Pl Bellevue, WA 98100
Company Description
PhysioSonics, formerly known as Allez PhysiOnix, is a privately held company, founded in 2000 with technology developed at the University of Washington. The company has developed and patented a number of new technologies including an ultrasound-based technology to provide a transcranial Doppler (TCD) neuromonitor.
Website
http://www.physiosonics.com
Transaction Type
Venture Equity
Transaction Amount
Undisclosed
Transaction Round
Series B
Proceeds Purposes
The company will use the proceeds to commercialize its noninvasive neurology/cardiology monitor through the FDA approval process.
M&A Terms
Venture Investor
Individual Investor
Venture Investor
Undisclosed