Cardiac Dimensions Garners $8,500,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7cf1ceb7-9043-4cec-a0ae-b405c8f955bb
Date
10/7/2014
Company Name
Cardiac Dimensions
Mailing Address
5540 Lake Washington Blvd. NE Kirkland, WA 98033 USA
Company Description
Cardiac Dimensions, Inc. is a medical device company developing novel interventional tools for the treatment of congestive heart failure (CHF) and related conditions.
Website
http://www.cardiacdimensions.com
Transaction Type
Venture Equity
Transaction Amount
$8,500,000
Transaction Round
Undisclosed
Proceeds Purposes
The proceeds from the financing will be used to support the completion of the company’s REDUCE FMR clinical trial. REDUCE FMR is the first blinded, randomized clinical trial in the field of functional mitral regurgitation (FMR).
M&A Terms
Venture Investor