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Sleep Solutions (sleep disorder diagnostic and monitoring devices) has raised $6.5mm (including $6.1mm in the first closing in October 2003 and $400k this month) in a private placement, in which it hopes to bring in up to $11mm. Lava Ventures led the financing that included return investors J&J Development Corp., MedVenture Associates, Atherton Venture Partners, and Thomas Fogarty, MD, company co-founder and board member, who participated in the first closing. Additionally, WTI Ventures, as well as most of the first tranche investors, contributed to the second closing.
Deal Industry
Medical Devices
Medical Devices
Monitoring Equipment & Devices
Deal Status
Final
Deal Type
Financing
Venture Financing
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