Ness Overview

  • Founded
  • 1991
Founded
  • Status
  • Acquired/​Merged
  • Latest Deal Type
  • M&A

Ness General Information

Description

Developer of medical devices to activate paralyzed muscles. The company uses the technology of surface functional electrical stimulation (FES) to design rehabilitation products that focus on altered movement or paralysis due to disorders and trauma of the central nervous system, or due to orthopedic disorders. Its technology entails neuromuscular electrical stimulation that is designed for home use and provides the potential of enhanced function and therapeutically based improvement.

Contact Information

Website
www.nessltd.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Primary Industry
Therapeutic Devices
Acquirer
Primary Office
  • 19 Ha-Haroshet Street
  • PO Box 2500
  • Ra'anana 43654
  • Israel
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Ness Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 01-Jan-2007 Completed Generating Revenue
2. Secondary Transaction - Private 01-Jan-2005 Completed Generating Revenue
1. Early Stage VC Completed Generating Revenue
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Ness Former Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
FORBION Venture Capital Minority 000 0000 000000 0
GlenRock Israel Venture Capital Minority 000 0000 000000 0
Life Sciences Partners Venture Capital Minority 000 0000 000000 0
To view Ness’s complete investors history, request access »