CS

CardioThoracic Systems

Acquired

Public · Cupertino, United States · Founded 1994

Founded
1994
Business Model
B2B
Last Round
Venture Round
Rounds
1
Type
Public
Acquisition Date
Nov 1999

About

CardioThoracic Systems Inc. (CTS) was a Cupertino, California medical device company founded in 1994 by Federico Benetti that developed minimally invasive surgical instruments for coronary artery bypass graft (CABG) surgery, including tissue stabilizers and access platforms used in beating-heart procedures. CTS became a pioneer of MIDCAB (minimally invasive direct coronary artery bypass) technology, competing alongside Heartport in the emerging minimally invasive cardiac surgery market. In September 1999, Guidant Corporation acquired CardioThoracic Systems for a reported $313 million.

Summary

CardioThoracic Systems is a Healthcare company based in Cupertino, United States, founded in 1994. Investors include NEA and The Vertical Group.

Funding History

AcquisitionNov 1999

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Venture Round through Acquisition — per-round amounts, valuations, and who invested in each round.

Investors

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