Novasys Medical Garners $18,950,000 Series D Funding Round

  • Feed Type
  • Date
    7/21/2009
  • Company Name
    Novasys Medical
  • Mailing Address
    39684 Eureka Drive Newark, CA 94560
  • Company Description
    Novasys Medical, Inc. (Newark, California) is a privately held, venture-backed company which is developing novel therapies for the treatment of female pelvic disorders. The company’s initial focus is on the development and commercialization of the Novasys Micro-remodeling System, a proprietary, non-surgical radiofrequency device to treat female stress urinary incontinence.
  • Website
    http://www.novasysmedical.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $18,950,000
  • Transaction Round
    Series D
  • Proceeds Purposes
    This financing will speed the process ofsecuring reimbursement for the Renessa treatment.
  • M&A Terms
  • Venture Investor
    Versant Ventures
  • Venture Investor
    Three Arch Partners
  • Venture Investor
    Skyline Ventures
  • Venture Investor
    Alloy Ventures
  • Venture Investor
    Delphi Ventures
  • Venture Investor
    GBS Venture Partners
  • Venture Investor
    Hercules Technology Growth Capital