Sapheon Garners $18,500,000 Series B Financing

  • Feed Type
  • Date
    8/25/2012
  • Company Name
    Sapheon
  • Mailing Address
    3579 Westwind Blvd Santa Rosa, CA 95403
  • Company Description
    Sapheon Inc. is a medical device company whose mission is to develop new approaches and disruptive technologies for the treatment of vascular disease.
  • Website
    http://www.sapheoninc.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $18,500,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The Company intends to use the proceeds of the Series B offering to complete a randomized clinical trial and meet additional FDA requirements through the PMA submission process.
  • M&A Terms
  • Venture Investor
    Millennium Life Sciences Fund
  • Venture Investor
    Undisclosed