Veniti Obtains $13,500,000 Series A Round

  • Feed Type
  • Date
    3/8/2011
  • Company Name
    Veniti
  • Mailing Address
    47533 Westinghouse Dr. Fremont, CA 94539
  • Company Description
    Veniti, Inc., is a St. Louis, MO. – based medical device company focused on the development of innovative solutions for the comprehensive treatment of chronic venous insufficiency, a condition that affects up to 20% of all U.S. adults.
  • Website
    http://www.venitimedical.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $13,500,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The proceeds will be used to acquire two additional medical device companies and begin commercialization of multiple products singularly focused on treating chronic venous disease.
  • M&A Terms
  • Venture Investor
    Baird Venture Partners
  • Venture Investor
    Hambrecht & Quist Capital Management
  • Venture Investor
    Prolog Ventures
  • Venture Investor
    St. Louis Arch Angels
  • Venture Investor
    Individual Investor