EndoEvolution Secures $3,300,000 Series B Round

  • Feed Type
  • Date
    10/19/2011
  • Company Name
    EndoEvolution
  • Mailing Address
    51 Middlesex Street North Chelmsford, MA 01863
  • Company Description
    EndoEvolution, LLC, is an emerging medical device company developing next-generation automated suturing devices for minimally invasive surgery (MIS).
  • Website
    http://www.endo360surgical.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $3,300,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The cash infusion will be used to launch the Company’s initial product, the Endo360 MIS suturing device, at next week’s 97th annual American College of Surgeons Clinical Congress, Oct. 23-27, in San Francisco. In addition, the funding will be used to complete development of the 5mm EndoTransformer™, the world’s smallest automated MIS suturing device.
  • M&A Terms
  • Venture Investor
    The Spring Bay Companies