Cadence Biomedical Lands $1,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=55674740-a850-4740-894f-ae88d4bb2c46&Preview=1
Date
1/19/2012
Company Name
Cadence Biomedical
Mailing Address
146 N. Canal St Seattle, WA 98103
Company Description
Cadence Biomedical, headquartered in Seattle, WA, is an early stage medical device company that is committed to helping the 2.3 million Americans who suffer severe mobility impairments to gain a more mobile and independent life.
Website
http://www.cadencebiomedical.com
Transaction Type
Venture Equity
Transaction Amount
$1,000,000
Transaction Round
Undisclosed
Proceeds Purposes
It now plans to use the cash to bring the first commercial versions of its walk-assist device to the orthotics market this spring.
M&A Terms
Venture Investor
HealthTech Capital
Venture Investor
Keiretsu Forum – Seattle
Venture Investor
Sand Hill Angels
Venture Investor
Frontier Angels
Venture Investor
Undisclosed