Avantis Medical Systems Receives $1,400,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=02e52eb5-e260-4d31-a439-133f2f053f62&Preview=1
Date
12/21/2009
Company Name
Avantis Medical Systems
Mailing Address
263 Santa Ana Court Sunnyvale, CA 94085-4511
Company Description
Avantis Medical Systems, Inc. is a California-based medical device company founded to develop and manufacture catheter-based endoscopic devices. Its initial focus is on devices for use in both detecting and treating cancers of the gastrointestinal (GI) tract.
Website
http://www.avantismedical.com
Transaction Type
Debt, Venture Equity
Transaction Amount
$1,400,000
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
BioStar Private Equity Fund
Venture Investor
MedFocus Fund
Venture Investor
Mitsubishi Corporation
Venture Investor
Montreux Equity Partners