Admittance Technologies Receives $1,990,000 New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f15f5e0e-63d7-41da-961c-b3df3af69411&Preview=1
Date
1/22/2013
Company Name
Admittance Technologies
Mailing Address
Undisclosed Austin, TX 73301
Company Description
Admittance Technologies is committed to improving the quality of life of patients with heart disease through innovative electrical engineering solutions. Admittance will accomplish this goal through the application of CardioVol, which can interrogate the heart with electric fields, and in real-time distinguish the blood and heart muscle components of these fields.
Website
http://www.admittancetechnologies.com
Transaction Type
Venture Equity
Transaction Amount
$1,990,000
Transaction Round
Undisclosed
Proceeds Purposes
The company will use the proceeds to develop and commercialize its technology platform.
M&A Terms
Venture Investor
Texas Emerging Technology Fund