Inogen Garners $20,000,000 New Round

  • Feed Type
  • Date
    4/12/2012
  • Company Name
    Inogen
  • Mailing Address
    326 Bollay Drive Goleta, CA 93117
  • Company Description
    Inogen was founded in 2001 to develop products that improve quality of life and increase freedom and mobility for respiratory disease sufferers, predominantly Chronic Obstructive Pulmonary Disease (COPD) patients.
  • Website
    http://www.inogen.net
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Inogen plans to use the new capital primarily to expand its sales and patient support resources, spread awareness among oxygen therapy users and also further solidify its market position by investing in R&D and the commercialization of innovative new products to improve the quality of life of oxygen users around the world.
  • M&A Terms
  • Venture Investor
    Novo A/S
  • Venture Investor
    Undisclosed