Bacchus Vascular
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Bacchus Vascular - overview
Established
1999
Location
Santa Clara, CA, US
Primary Industry
Medical Devices & Equipment
About
Bacchus Vascular specializes in innovative medical devices aimed at improving vascular access for patients undergoing dialysis and other interventions. Their technology enhances patient outcomes through enhanced surgical procedures. Founded in 1999, Bacchus Vascular is a medical device company located in Santa Clara, US. The firm focuses on developing solutions to facilitate vascular access for dialysis patients.
In March 2009, Covidien acquired Bacchus Vascular, and the financial terms of this acquisition were not disclosed. The company has participated in 3 major funding deals, with the most recent round occurring in March 2009, raising USD 6. 50 mn from investors including Kaiser Permanente Ventures, Vertical Group, and Warburg Pincus. The total amount raised by the company thus far stands at USD 6.
50 mn. Bacchus Vascular develops medical devices specifically designed to improve vascular access procedures. Their offerings include advanced catheter systems that aim to enhance the efficiency and effectiveness of dialysis treatment. These products are tailored for use in hospitals and healthcare facilities, ensuring that medical professionals have the necessary tools to provide optimal care for patients in need of vascular interventions.
Bacchus Vascular generates revenue through direct sales of its medical devices to healthcare providers and hospitals. Their revenue model primarily involves business-to-business transactions, emphasizing the importance of their products in critical healthcare services. The firm’s pricing strategy reflects the value of their innovative devices, aligning with the needs of healthcare professionals and the challenges they face in delivering care. Bacchus Vascular is focused on expanding its product line and enhancing its market presence.
The company plans to launch new vascular access devices designed for improved patient outcomes in the near future. Additionally, Bacchus Vascular is targeting expansion into new geographic markets to broaden its reach. Recent funding efforts will be utilized to support these product development initiatives as well as to facilitate entry into new markets.
Current Investors
Warburg Pincus, Three Arch Partners, De Novo Ventures
Primary Industry
Medical Devices & Equipment
Sub Industries
Medical Equipment Distributors
Website
www.bacchus-vascular.com
Company Stage
Acquired
Total Amount Raised
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