Business Wire CSR | Business Wire | PR NewsWire | Marketwire | Realwire | ACN/JCN newswire | 247pressrelease | PRWeb | EmailWire | 3BLMedia | 1888PressRelease

PhysioSonics, Inc. Raises $2.0 Million for Second Tranche of Series A Financing

Posted : Wed, 01 Jul 2009 15:03:25 GMT
Author : PhysioSonics, Inc.
Category : Press Release
News Alerts by Email ( click here )
News | Home
BELLEVUE, Wash. - (Business Wire) PhysioSonics, Inc., an innovator of noninvasive neurologic monitors, announced today the closure of the second tranche of Series A financing for $ 2.0 Million from a strategic investor.

The first tranche of Series A closed for $4.0 Million in 2008. This follow-on investment of $2.0 Million by another strategic partner will bring the total Series A funds raised to $6.0 Million.

The company will use these funds for commercialization of their first product "We are very excited with the continued validation of our product development as more neurosurgeons, anesthesiologists and cardiologists view our technology," says Brad Harlow, President& CEO of PhysioSonics.

About PhysioSonics, Incorporated

PhysioSonics is developing and patented a number of new technologies including an ultrasound-based transcranial Doppler (TCD) monitor neuromonitor. Its founders include Robert Frederickson Ph.D., Michel Kliot M.D., Pierre Mourad, Ph.D., and Jeffrey Jarvik, M.D., MPH developed the technology at the University of Washington.

Formerly known as Allez Physionix, PhysioSonics, is a privately held.

PhysioSonics
Brad Harlow, 425-952-4411 x301
President & CEO
bradh@physiosonics.com


Copyright © 2010 Business Wire. All rights reserved.
Share/Save/Bookmark

Article : PhysioSonics, Inc. Raises $2.0 Million for Second Tranche of Series A Financing
Print this article
Share this article

Stay Updated

News gadget on your Google homepage
Subscribe to a news feed in Google Reader



Related News



Have your Say
Name
Email
Subject
Your Comment

Enter Verification code
 
  

 
Follow The Earth Times
Subscribe to RSS Follow Earth Times on TwitterNews by email
Share/Save/Bookmark
 
 



 
Subscribe to free Earthtimes
News Alerts by Email Click here
For RSS Feeds Click here
or Create your own RSS

Add to Google Toolbar
Breaking News
Press Releases

 
 

The Earth Times
News Category

© 2010 www.earthtimes.org, The Earth Times, All Rights Reserved | Privacy Policy
Earth Times accept no responsibility or liability either directly or indirectly for views or opinions expressed in articles or comments.