Restore Medical
Restore Medical develops and markets innovative devices designed to treat sleep and breathing disorders such as snoring and sleep apnea.
Business Model:
Revenue: $0
Employees: 1-10
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Detailed Restore Medical Information
Restore Medical was acquired by
Medtronic.
The acquisition happend on 2008-04-23.
Details of the transaction were not public
Acquirer
Geographic Data
Address:
City: Saint Paul
State: Minnesota
Zip:
Country: United States
Financial Info
Stage:
series c
Raised Last:
$27M
Raised Total:$27M
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Description
Established in 1999, Restore Medical is a privately-held company focused on becoming the primary resource for physicians specializing in sleep and breathing disorders. Restore Medical has developed and markets proprietary implant technology which addresses such disorders as snoring and sleep apnea. The company&s;s first product based on this technology, the patented Pillar™ System, received market clearance from the Food and Drug Administration in late 2002 and is currently available throughout the United States. Restore Medical also distributes other related high-quality products to the Ear, Nose and Throat physicians through our dedicated sales team. Located in St. Paul, Minnesota, Restore Medical manufactures the Pillar™ System in its onsite state-of-the-art Class 100,000 Clean Room. The company is ISO 9001 certified and utilizes an intranet-based quality and product development system. Restore currently employs a team of approximately 55 professionals.
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| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 3/2004 | Series C | 9 | $26.5M |
3V SourceOne Ventures Bessemer Venture Partners Charter Venture Group DuPont Capital Management GE Asset Management MPM Capital NGEN Partners Putnam Investments Staffmark 3V SourceOne Ventures Bessemer Venture Partners Charter Venture Group DuPont Capital Management GE Asset Management MPM Capital NGEN Partners Putnam Investments Staffmark |
|---|
| Announced Date | Name | Price |
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