Sonitus Medical Obtains $10,000,000 New Funding Round

  • Feed Type
  • Date
    9/19/2013
  • Company Name
    Sonitus Medical
  • Mailing Address
    1900 Alameda De Las Pulgas 2nd Floor San Mateo, CA 94403
  • Company Description
    Sonitus Medical, Inc. is committed to innovating novel hearing solutions. Our mission is to serve the Otolaryngology and Audiology professional community by providing therapeutic solutions to address the unmet clinical needs of their patients.
  • Website
    http://www.sonitusmedical.com
  • Transaction Type
    Debt
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company intends to use the financing primarily for additional working capital as they continue to expand their commercialization efforts.Read more: GE Capital Provides $10 Million Term Loan Facility to Sonitus Medical – FierceMedicalDevices http://www.fiercemedicaldevices.com/press-releases/ge-capital-provides-10-million-term-loan-facility-sonitus-medical#ixzz2fMFBxExw Subscribe at FierceMedicalDevices
  • M&A Terms
  • Venture Investor
    GE Healthcare Financial Services