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ACQUIRED COMPANY
 
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Metrika  Acquired by Bayer Diabetes Care (2006  amount undisclosed)

510 Oakmead Parkway
Sunnyvale, CA 94085
USA
(408)-524-2255
Website Company Summary Management Team
Management

Technology: Urs Ramel (2004)
Sales/Marketing: Sunil Hazaray
Not listed on the website: (May no longer be at the company) Brian Segrin*;  Jennifer Hahamian*;  Karen Shepard*;  Keith Warner*;  Martha Stocker*
Company

Business description: Metrika is a privately-held manufacturer and marketer of the Now™ line of single-use diabetes monitoring products designed to improve the care and quality of life for people with diabetes. Its pager-sized A1cNow™ diabetes monitor is the first to provide healthcare professionals and consumers with immediate access to quantitative hemoglobin A1C status — the gold standard indicator of diabetes management, without the time, high-cost and complexity of reference labs or instrument-based systems. Integrating micro-optics, digital electronics and solid-state chemistries, Metrika also supplies its proprietary technology to strategic partners for non-diabetes applications.
Customers include: clinics;  physicians offices;  urgentcare
Partners include: Bristol-Myers Squibb
Capital

Rounds: 3
Recent Fundings: Mar 2004   Nov 2003
Capital raised: 96.0M
Last Round: 17.0M
Ownership: Acquired by Bayer Diabetes Care (2006  amount undisclosed)
VCs include: Oak Hill Capital PartnersSt. Paul Venture CapitalSutter Hill VenturesVertex VenturesWarburg PincusStaenberg Ventures;  Singapore Bio-Innovation of America;  Alexander Hutton Venture Partners

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Last Mentions


Overview
Record updated: Oct 2005
Sector: Medical
Year Founded: 1994
Headcount: 26-50
Rounds: 3
Recent Fundings: Mar 2004   Nov 2003
Capital Raised: 96.0M
Last Round: 17.0M
Ownership: Acquired by Bayer Diabetes Care (2006  amount undisclosed)