InfraReDx Lands $24,100,000 New Financing

  • Feed Type
  • Date
    6/28/2011
  • Company Name
    InfraReDx
  • Mailing Address
    34 Third Avenue Burlington, MA 01803
  • Company Description
    The company has now developed a fiber-optic, catheter-based, near infrared (NIR) spectroscopy system designed to characterize the composition of coronary plaques in patients undergoing catheterization. This NIR system is currently being evaluated in a clinical study.
  • Website
    http://www.infraredx.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $24,100,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds from the financing will be used to expand manufacturing operations and commercial infrastructure to support the growing demand for the LipiScan IVUS Coronary Imaging System.
  • M&A Terms
  • Venture Investor
    Undisclosed