X

Xlumena

Acquired

San Diego, United States · Founded 2004 · $38.1M raised

Founded
2004
Business Model
B2B
Total Funding
$38.1M
Last Round
$25.0M Series CDec 2013
Rounds
3
Acquisition Date
Apr 2015

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Xlumena was a medical technology company that developed advanced endoscopic devices for gastrointestinal procedures, notably an EUS-guided lumen-apposing stent system for translumenal therapy. Founded in 2004 by Dr. Kenneth Binmoeller around a portfolio of his endoscopy patents, the company was acquired by Boston Scientific in April 2015 for an initial $62.5 million, which enabled global commercialization of the technology as the AXIOS stent.

Summary

Xlumena is a Healthcare company based in San Diego, United States, founded in 2004. It has raised $38.1M in total across 3 rounds, most recently a $25.0M Series C round in Dec 2013. Investors include Third Point Ventures, Aperture Venture Capital and Western Technology Investment.

Funding & Exit History

AcquisitionAcquisition by Boston ScientificApr 2015

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Funding: Series A through Series C. Amounts, valuations, and investors where available.

Investors

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