December 24, 2014 10:19 PM ET

Healthcare Equipment and Supplies

Company Overview of Zipline Medical, Inc.

Company Overview

Zipline Medical, Inc. develops and markets tissue repair devices to address the clinical need for rapid, non-invasive and easy-to-use skin closure. The company’s product help in surgical skin closure, incision edge alignment, and monitoring of area surrounding the incision. It markets its products under the Zipline brand name. Zipline Medical, Inc. was founded in 2009 and is based in Campbell, California.

747 Camden Avenue

Suite A

Campbell, CA 95008

United States

Founded in 2009

Phone:

408-412-7228

Key Executives for Zipline Medical, Inc.

Chief Executive Officer
Age: 53
Founder and Director
Chief Medical Officer
Vice President of Marketing
Compensation as of Fiscal Year 2014.

Zipline Medical, Inc. Key Developments

ZipLine Medical Closes $5.7 Million Extension to its Series C Financing

ZipLine Medical announced that it has closed a $5.7 million extension to its Series C financing, which was announced on January 21, 2014. The financing extension was led by new investor China Materialia LLC. The financing extension included participation from existing investors RA Capital Management (Boston, MA), Claremont Creek Ventures (Oakland, CA) and XSeed Capital (Portola Valley, Calif.). Proceeds from the Series C extension will be used to expand sales and marketing activities.

ZipLine Medical Partners with Cosmotec Co. Ltd to Distribute Zip Surgical Skin-Closure Devices

ZipLine Medical has received CE-mark for Europe, Todokede premarketing notification for Japan, and Korean Ministry of Food and Drug Safety approval to sell its patented Zip non-invasive surgical skin closure device. The company also announced a partnership with Cosmotec Co. Ltd. of Japan, which will distribute ZipLine Medical's Zip surgical skin-closure devices for the Japanese healthcare market.

Zipline Medical Announces Partnership with Cosmotec to Distribute Zip(R) Surgical Skin-Closure Devices for the Japanese Healthcare Market

Zipline Medical, Inc. announced a partnership with Cosmotec Co. Ltd. of Japan, which will distribute ZipLine Medical's Zip(R) surgical skin-closure devices for the Japanese healthcare market.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
January 20, 2014
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