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Paracor Medical gets $44.35mm through its Series D round

Executive Summary

Paracor Medical (cardiovascular devices) has raised $44.35mm through the closing of its Series D venture round. Aberdare Ventures (lead) was joined by fellow new investor Montagu Newhall Associates and returning backers Delphi Ventures, Pequot Ventures, InterWest Partners, Alta Partners, De Novo Ventures, Saratoga Ventures, and Palo Alto Investors. The funds will be used to continue a pivotal clinical study of the company's HeartNet device for heart failure.
Deal Industry
  • Medical Devices
  • Medical Devices
    • Implantable Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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