Last deal

$20M

Amount

Series D

Stage

08.03.2019

Date

3

all rounds

$23.85M

Total amount

date founded

Financing round

General

About Company
MID develops minimally invasive technologies for cardiac surgery and interventional cardiology.

Industry

Sector :

Subsector :

founded date

01.01.2010

Number of employees

Company Type

For Profit

Last funding type

Series D

IPO status

Private

Description

MID's proprietary PolyCor anchors form the basis of their technology platform, which consists of biocompatible implantable devices that work in synergy with natural cardiac function. Their devices enable surgeons to perform minimally invasive structural heart procedures remotely, replacing the need for open surgical techniques. MID is focused on developing solutions for transcatheter aortic valve implantation (TAVI), transcatheter mitral valve replacement and repair, and other structural heart repair procedures. Their breakthrough soft-tissue anchoring and delivery devices allow for off-pump procedures, revolutionizing percutaneous and minimally invasive cardiac repairs.
Contacts
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Money Raised

Their latest funding was raised on 08.03.2019. Their latest investor Ben Franklin Technology Partners of Northeastern Pennsylvania. Their latest round Series D

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Thomas Osypka

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Acquiree Name 
Date 
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Acquisition Name 
ENDOVALVE acquired by Micro Interventional Devices

ENDOVALVE acquired by Micro Interventional Devices

acquirer

Micro Interventional Devices
Micro Interventional Devices

date

01.04.2011

type

Acquisition
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People

Founders
1
Michael P.Whitman
Michael P.Whitman

Michael P.Whitman

Michael Whitman is the founder and CEO of Micro Interventional Devices, Inc. (MID). Michael has 29 years of medical device experience at market leading firms including, Johnson and Johnson, Olympus, Synthes and Power Medical Interventions. He previously was the founder and CEO of Power Medical Interventions (NASDAQ; PMII), which was acquired by Covidien Ltd. in 2009. Prior to founding PMI, Michael served in numerous management positions at Johnson and Johnson during his 13-year tenure including Vice President of Sales, Director of Sales and Marketing, Product Development and Product Management. He is the named inventor on over 35 US and foreign patents. He received his A.B. in Business and Economics from Lafayette College and completed graduate work at Wharton, University of Michigan, Harvard Executive Education, and Rutgers University.

current job

Micro Interventional Devices
Micro Interventional Devices

organization founded

2

Michael P.Whitman

Employee Profiles
4
Katherine Whitman

Katherine Whitman

Product Director

Pete Datcuk

Pete Datcuk

Director of Product Design

Willard Hennemann

Willard Hennemann

Senior VP Clinical Affairs

Michael P.Whitman

Michael P.Whitman

Chairman, President & CEO

Activity

Recent News
0