Medrobotics Obtains $33,600,000 Series D Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d30955a0-fcea-4b84-ad95-a3688d234d57&Preview=1
Date
12/20/2012
Company Name
Medrobotics
Mailing Address
475 Paramount Drive Raynham, MA 02767
Company Description
Medrobotics has exclusive worldwide licenses for its technologies from Carnegie Mellon University and the University of Pittsburgh as well as additional robust development of its own intellectual property portfolio. The Company has an operational facility in New England, with partners located throughout the United States.
Website
http://www.medrobotics.com
Transaction Type
Venture Equity
Transaction Amount
$33,600,000
Transaction Round
Series D
Proceeds Purposes
Proceeds will be used for regulatory preparations and submissions and for anticipated commercial launches next year in Europe and the United States.
M&A Terms
Venture Investor
Undisclosed