News

Technology News

Zipline Medical Nets Venture Equity and Debt

Tuesday, January 12, 2016 5:02:00 AM PDT | VentureDeal
   Campbell, California  --  Medical device technology company Zipline Medical has secured $16.4 million in new venture equity and debt investment, according to an SEC filing.

Zipline is developing what it calls "unique non-invasive skin closure solutions."

The devices aim to provide surgeons with "suture-like outcomes at the speed of staples."

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

A total of 28 investors participated in the offering.

The company is still seeking $10.5 million in additional financing, according to the filing.

Email Page  Email Page | Print Page Print Page

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.
Venturedeal Twitter Venturedeal Facebook Venturedeal Linkedin


PCI - Level1