Beacon Endoscopic Garners $8,000,000 Series B Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f9ca2df3-54fc-43a6-80de-dea5688bf899&Preview=1
Date
8/1/2011
Company Name
Beacon Endoscopic
Mailing Address
2000 Commonwealth Avenue 1st Floor Newton, MA 02466
Company Description
Beacon Endoscopic (BE) is a Boston based medical device company innovating in existing interventional endoscopic procedures and developing next generation devices to change the paradigm of surgery.
Website
http://www.beaconendoscopic.com
Transaction Type
Venture Equity
Transaction Amount
$8,000,000
Transaction Round
Series B
Proceeds Purposes
The new funds are targeted at allowing the company to commercialize its products globally and to support more complex upper GI endoscopic procedures.
M&A Terms
Venture Investor
MVM Life Science Partners
Venture Investor
Undisclosed