Tryton Medical Garners $24,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0e8cedb0-9fb9-4077-9c27-8ee80e3c36d7
Date
1/7/2013
Company Name
Tryton Medical
Mailing Address
1000 Park Forty Plaza Durham, NC 27713 USA
Company Description
Tryton Medical, Inc. is the leading developer of stents that are designed to definitively treat bifurcation lesions. 540,000 bifurcation coronary lesions are sub-optimally treated every year with a variety of time consuming and technically challenging procedures.
Website
http://www.trytonmedical.com
Transaction Type
Venture Equity
Transaction Amount
$24,000,000
Transaction Round
Undisclosed
Proceeds Purposes
The financing is expected to see the company through U.S. approval of the Tryton Side Branch Stent.
M&A Terms
Venture Investor
Venture Investor
Venture Investor
Venture Investor