Restore Medical

company

About

Restore Medical develops and markets innovative devices designed to treat sleep and breathing disorders such as snoring and sleep apnea.

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Details

Last Funding Type
Series C
Last Funding Money Raised
$26.50M
Industries
Health Care,Medical,Wellness
Founded date
Jan 1, 1999
Number Of Employee
1 - 10
Operating Status
Active

Established in 1999, Restore Medical is a privately-held company focused on becoming the primary resource for physicians specializing in sleep and breathing disorders. Restore Medical has developed and markets proprietary implant technology which addresses such disorders as snoring and sleep apnea. The company's first product based on this technology, the patented Pillar™ System, received market clearance from the Food and Drug Administration in late 2002 and is currently available throughout the United States. Restore Medical also distributes other related high-quality products to the Ear, Nose and Throat physicians through our dedicated sales team.

Located in St. Paul, Minnesota, Restore Medical manufactures the Pillar™ System in its onsite state-of-the-art Class 100,000 Clean Room. The company is ISO 9001 certified and utilizes an intranet-based quality and product development system. Restore currently employs a team of approximately 55 professionals.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$26.50M
Restore Medical has raised a total of $26.50M in funding over 2 rounds. Their latest funding was raised on Mar 22, 2004 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 22, 2004 Series C $26.50M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Restore Medical is funded by 1 investors. Charter Venture Group are the most recent investors.
Investor Name Lead Investor Funding Round
Charter Venture Group Series C