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ACQUIRED COMPANY
 
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Concentric Medical  (Stock symbol: CLOT ) Acquired by Stryker (2011 $ 135,000,000 )

301 East Evelyn Avenue
Mountain View, CA 94041
USA
(650)-938-2100
Website Company Summary Management Team
Board

Outside board: (May no longer be on the board) Erik T Engelson (Cierra President/CEO) Edward W Unkart (SurgRx Former VP Finance) Hanson S Gifford (The Foundry Partner) Lonnie M Smith (Intuitive Surgical CEO/Chairman) Robert W Thomas (Corium International CEO) Danial R Omstead (Hambrecht & Quist Capital Management President/CEO) Charles Warden (Schroder Ventures Life Sciences Former General Partner) Ryan D Drant (NEA) Alain Schreiber (ProQuest Investments Managing Partner)
Former outside board: Joe Kiani (Masimo Corp CEO)
Company

Business description: Concentric Medical focuses on catheter-based treatment of ischemic stroke, hypervascularized tumors and hemorrhagic stroke, otherwise known as cerebral aneurysm. The company is currently developing several proprietary device systems: the Merci™ Clot Retriever, indicated for clot removal; Embolic Pearls™ for embolic therapy of hypervascularized tumors; and embolic coil systems for the treatment of cerebral aneurysms. Concentric Medical, Inc. offers practical, breakthrough devices for what we believe is the greatest opportunity in the field of Interventional Neuroradiology. Concentric is working to develop products which are designed to enable physicians to simply and effectively treat ischemic stroke by removing thrombus from the cerebral vasculature.
Partners include: SITS Network
Capital

Rounds: 4
Recent Fundings: Jan 2009   Sep 2005
Capital raised: 68.0M
Last Round: 15.0M
Ownership: Acquired by Stryker (2011 $ 135,000,000 ) Ipo Filing
Stock Symbol: CLOT
VCs include: The FoundryNEA HambrechtAndQuistProQuest InvestmentsNeuroVentures Capital;  Bluebird Development LLC;  Oxford Bioscience Partners;  Schroder Ventures Life Sciences;  Questa Capital Management

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Overview
Record updated: Jan 2011
Sector: Medical
Year Founded: 1999
Headcount: 76-100 as of Feb 2008
Rounds: 4
Recent Fundings: Jan 2009   Sep 2005
Capital Raised: 68.0M
Last Round: 15.0M
Ownership: Acquired by Stryker (2011 $ 135,000,000 ) Ipo Filing
Stock Symbol: CLOT