Direct Flow Medical Garners $32,000,000 New Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a4784ac5-4992-4ca2-9b68-293392399f72
Date
12/3/2014
Company Name
Direct Flow Medical
Mailing Address
451 Aviation Blvd. Santa Rosa, CA 95403 USA
Company Description
Direct Flow Medical is a medical device company located in Santa Rosa, CA. Direct Flow Medical is developing a percutaneous aortic tissue valve prosthesis to provide patients requiring treatment of cardiac valve insufficiency with a safe and effective percutaneous option.
Website
http://www.directflowmedical.com
Transaction Type
Debt
Transaction Amount
$32,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds will be used to complete the U.S. SALUS pivotal trial and fuel growth of the Direct Flow Medical system outside of the U.S.
M&A Terms
Venture Investor
Venture Investor
Venture Investor