SurgRx Overview
- Year Founded
-
2001
- Status
-
Acquired/Merged
- Employees
-
30
- Latest Deal Type
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M&A
SurgRx General Information
Description
Provider of tissue sealing and hemostasis systems for laparoscopic and open surgery. The company makes radio frequency-controlled tissue sealing device. It develops a proprietary nanotechnology designed to control the delivery of electrosurgical energy in vessel sealing instruments. Its product grasps, dissects, seals, and transects tissues; and provides a seal of vessels encountered during laparoscopic and open surgery.
Contact Information
Corporate Office
- 101 Saginaw Drive
- Redwood City, CA 94063
- United States
Corporate Office
- 101 Saginaw Drive
- Redwood City, CA 94063
- United States
SurgRx Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Merger/Acquisition | 16-Oct-2008 | Completed | Startup | |||
| 7. Later Stage VC (Series G) | 29-Feb-2008 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series F) | 20-Apr-2007 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series E) | 26-Jul-2005 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series D) | 07-Sep-2004 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series C) | 11-Mar-2004 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series B) | 16-Jan-2004 | $5M | $6.3M | Completed | Generating Revenue | |
| 1. Early Stage VC (Series A) | 27-Dec-2002 | $1.3M | $1.3M | Completed | Startup |
SurgRx Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series G | ||||||||
| Series F | ||||||||
| Series E | ||||||||
| Series D | ||||||||
| Series C | ||||||||
| Series B | 3,053,106 | $0.001000 | $0.15 | $1.88 | $1.88 | $1.88 | 7.66% | |
| Series A | 706,004 | $0.001000 | $0.18 | $2.25 | $2.52 | $2.25 | 1.77% |
SurgRx Patents
SurgRx Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| EP-2349042-A1 | Electrosurgical instrument jaw structure with cutting tip | Inactive | 07-Aug-2008 | ||
| WO-2010017266-A1 | Electrosurgical instrument jaw structure with cutting tip | Inactive | 07-Aug-2008 | ||
| JP-2011530333-A | Jaw structure of an electrosurgical instrument having a cutting tip | Pending | 07-Aug-2008 | ||
| JP-2010538796-A | Electrosurgical instrument and method | Active | 18-Sep-2007 | ||
| WO-2009039179-A1 | Electrosurgical instrument and method | Inactive | 18-Sep-2007 | A61B18/1445 |
SurgRx Signals
SurgRx Former Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Alta Partners | Venture Capital | Minority | ||
| California Technology Ventures | Venture Capital | Minority | ||
| Kobayashi Pharmaceutical | Corporation | Minority | ||
| Magnetar Capital | Hedge Fund | Minority | ||
| New Enterprise Associates | Venture Capital | Minority |
SurgRx Investments (1)
SurgRx’s most recent deal was a Early Stage VC with Sierra Surgical Technologies for . The deal was made on 06-Aug-2007.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Sierra Surgical Technologies | 06-Aug-2007 | Early Stage VC | Diagnostic Equipment |
SurgRx FAQs
-
When was SurgRx founded?
SurgRx was founded in 2001.
-
Where is SurgRx headquartered?
SurgRx is headquartered in Redwood City, CA.
-
What is the size of SurgRx?
SurgRx has 30 total employees.
-
What industry is SurgRx in?
SurgRx’s primary industry is Surgical Devices.
-
Is SurgRx a private or public company?
SurgRx is a Private company.
-
What is SurgRx’s current revenue?
The current revenue for SurgRx is .
-
How much funding has SurgRx raised over time?
SurgRx has raised $83.8M.
-
Who are SurgRx’s investors?
Alta Partners, California Technology Ventures, Kobayashi Pharmaceutical, Magnetar Capital, and New Enterprise Associates are 5 of 7 investors who have invested in SurgRx.
-
When was SurgRx acquired?
SurgRx was acquired on 16-Oct-2008.
-
Who acquired SurgRx?
SurgRx was acquired by Ethicon.
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