Alter-G Gains $8M
Menlo Park-based Alter-G, which develops medical devices for the rehabilitation market, said Tuesday that it has raised $8M in a Series B funding round. The funding came from Versant Ventures. The firm said that Ross Jaffe of Versant Ventures joins its board along with the funding. The funding will go toward's the company's growth. Alter-G is developing technology, originally developed at NASA, which uses air pressure to help people in rehabilitation use treadmills, unencumbered. Frog & Peach Investors and Red Planet Capital--which invests in technology spun out of NASA--are also investors in the firm.
posted on Tuesday, January 13, 2009 (Link to more information)
Related companies:
Alter-G
Related stories:
> Alter Eco Gobbles Up $2M
> Cyvera Finds $11M For Cybersecurity Tools
> Benchmark Spins Out Europe Business
> Imago Biosciences Sees $26.5M
> Quorom Finds $10M For Disaster Recovery Appliances
silicontap.com Home