Adavium Medical Obtains $21,000,000 Series C Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=301e57bb-3c15-42ce-bba4-731752f06f26
Date
4/11/2016
Company Name
Adavium Medical
Mailing Address
3340 Hillview Avenue Palo Alto, CA 94105 USA
Company Description
Adavium Medical is the largest Brazilian medical equipment and diagnostics company, with Brazil being the third largest private healthcare market in the world.
Website
http://www.adavium.com
Transaction Type
Venture Equity
Transaction Amount
$21,000,000
Transaction Round
Series C
Proceeds Purposes
The company is using the funds to finance these and other acquisitions, and to strengthen strategic capabilities.
M&A Terms
Venture Investor
CVF
Venture Investor
Venrock
Venture Investor
Aberdare Ventures
Venture Investor
Arboretum Ventures