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ENT device producer Entellus raises $35mm in Series E funds

Executive Summary

Covidien Ventures has led a $35mm Series E round for Entellus Medical Inc. (balloon devices for visualizing, draining, and dilating sinus pathways). A portion of the dollar amount was from the conversion of an existing bridge loan. Returning backers SV Life Sciences, Essex Woodlands, Split Rock Partners, Greenspring Associates, and eight additional investors participated.
Deal Industry
  • Medical Devices
  • Medical Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
Deal Status
  • Final
Deal Type
  • Financing
    • Private Placement

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