Cardiva Medical Secures $16,500,000 New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=640ef0fd-2547-49c7-9893-0e386c943f0f
Date
8/20/2014
Company Name
Cardiva Medical
Mailing Address
888 W. Maude Avenue Sunnyvale, CA 94085 USA
Company Description
Cardiva Medical is committed to developing a new standard of care for vascular access site management. Cardiva has developed an innovative approach to safe, secure vascular access site management without leaving anything behind in the artery or tissue tract.
Website
http://www.cardivamedical.com
Transaction Type
Venture Equity
Transaction Amount
$16,500,000
Transaction Round
Undisclosed
Proceeds Purposes
The Company will use the proceeds of the Series 3 private equity financing and debt facility to expand commercial efforts for its VASCADE Vascular Closure System in the United States.
M&A Terms
Venture Investor
Venture Investor
Venture Investor
Venture Investor