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Acorn closes $20mm Series E round

09 Dec 2002

Executive Summary

Acorn Cardiovascular (develops medical devices for heart failure) raised $20mm in a private placement of Series E preferred stock. Johnson & Johnson Development Corp. led the financing and was joined by return investors New Enterprise Associates, CSFB, Piper Jaffray Ventures, Three Arch Partners, Bessemer Venture Partners, Spray Venture Fund, and others.
Deal Industry
  • Medical Devices
  • Medical Devices
    • Implantable Devices
Deal Status
  • Final
Deal Type
  • Financing
    • Venture Financing

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