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Evalve closes $35mm Series C round; $15mm from Guidant
May 2004
Executive Summary
Evalve Inc. (devices for the endovascular repair of cardiac valves) raised $35mm in a Series C financing led by Guidant Corp., which invested $15mm and could add another $15 million if certain milestones are achieved. Returning shareholders New Enterprise Associates, Delphi Ventures, St. Paul Venture Capital, Three Arch Partners, Cutlass Capital, and ABS Ventures also participated.
Deal Industry
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Medical Devices
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Surgical Equipment & Devices
- Minimally or Less Invasive
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Surgical Equipment & Devices
Deal Status
- Final
Deal Type
-
Financing
- Private Placement
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Evalve closes $35mm Series C round; $15mm from Guidant
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