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ALung

Description

Developer of an intra and extra corporeal gas exchange devices for the treatment of acute and chronic respiratory disorders. The company's products include Hemolung RAS, an extra corporeal gas exchange device that circulates blood through a small catheter and Hattler Catheter, which is placed within the central venous blood stream in the primary vein that returns blood to the heart and is inserted directly through the skin into the vein.

1997

Founded

PRIVATE

Status

11-50

Employees

Later Stage VC

Latest Deal Type

$12M

Latest Deal Amount

$71.7M

Total Amount Raised

Description

Developer of an intra and extra corporeal gas exchange devices for the treatment of acute and chronic respiratory disorders. The company's products include Hemolung RAS, an extra corporeal gas exchange device that circulates blood through a small catheter and Hattler Catheter, which is placed within the central venous blood stream in the primary vein that returns blood to the heart and is inserted directly through the skin into the vein.

Website:

www.alung.com

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Therapeutic Devices

Primary Office

2500 Jane Street Suite 1 Pittsburgh, PA 15203United States +1 (412) 697-3370
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ALung Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

ALung Investors (13)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
Allos VenturesVenture CapitalMinority000 0000000 0000
Birchmere VenturesVenture CapitalMinority000 0000000 0000
BlueTree Allied AngelsVenture CapitalMinority000 0000000 0000
Eagle VenturesVenture CapitalMinority000 0000000 0000
Individual InvestorAngel (individual)Minority000 0000000 0000
Allos Ventures Venture Capital
Birchmere Ventures Venture Capital
BlueTree Allied Angels Venture Capital
Eagle Ventures Venture Capital
Individual Investor Angel (individual)

ALung Executive Team (8)

NameTitleBoard
Seat
Contact
Info
Peter DeComoChairman & Chief Executive Officer
David HaffnerSenior Vice President & Chief Financial Officer
Rachel AllenGeneral Counsel
James SweeneySenior Vice President, Corporate Development
Joseph ArgyrosSenior Vice President, Operations
Peter DeComo Chairman & Chief Executive Officer
David Haffner Senior Vice President & Chief Financial Officer
Rachel Allen General Counsel
James Sweeney Senior Vice President, Corporate Development
Joseph Argyros Senior Vice President, Operations

ALung Board Members (10)

NameRepresentingRoleSinceContact
Info
David MotleySelfBoard Member000 0000
Gary GlausserInnovation WorksBoard Member000 0000
Gerald McGinnisSelfBoard Member000 0000
John McIlwraithAllos VenturesBoard Member000 0000
Joseph StevensSelfBoard Member000 0000
David Motley Board Member Self
Gary Glausser Board Member Innovation Works
Gerald McGinnis Board Member Self
John McIlwraith Board Member Allos Ventures
Joseph Stevens Board Member Self
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