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Entellus Medical raises $30mm via Series D financing

Executive Summary

Entellus Medical (developing less invasive ENT devices) has raised $30mm in Series D money. New investor Essex Woodlands Health Ventures led (and contributes a board member) and was joined by current shareholders Split Rock Partners and SV Life Sciences. Entellus will use the funds to add members to its sales and customer support departments and to promote the FinESS chronic sinusitis treatment for use in the physician's office. The company is planning a 2010 US launch and preparing for international marketing.
Deal Industry
  • Medical Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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