The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

Founded Year

1999

Stage

Acquired | Acquired

Total Raised

$17.25M

Valuation

$0000 

About X-Technologies

X-Technologies developed a balloon angioplasty device designed to address several pressing needs in the coronary angioplasty and stenting market. X-Technologies' proprietary device and system is designed to treat these unmet or partially addressed conditions using a safe and easy-to-use procedure.

X-Technologies Headquarters Location

15042 Parkway Loop Suite A

Tustin, California, 92780,

United States

714-955-0036

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X-Technologies Patents

X-Technologies has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

9/6/2007

5/19/2015

Posttranslational modification, Jackets, Tops (clothing), Robes and cloaks, National costume

Grant

Application Date

9/6/2007

Grant Date

5/19/2015

Title

Related Topics

Posttranslational modification, Jackets, Tops (clothing), Robes and cloaks, National costume

Status

Grant

Latest X-Technologies News

Guidant to Acquire X-Technologies

Oct 8, 2015

Medical equipment maker Guidant Corporation (NYSE:GDT), is buying the Israeli startup X-Technologies.The Israeli company has developed a pull wire for use with catheters in balloon angioplasty. While exact details of the deal were not available, sources close to the company said, Guidant will pay a cash sum contingent on sales of the FX miniRAIL. The deal is expected to be in the $140-200 million range.X-Technologies products will be marketed by Guidant's European distributors. After receiving approval from the U.S. Food and Drug Administration, Guidant will begin marketing them in its primary market - the U.S. Ultimately, the level of sales will determine the size of the deal. X-Technologies, founded in 1999, has raised $12 million in financing to date. It has recorded initial product sales in Europe.Company founders and employees hold an estimated 25% stake in the company. The remaining shares are distributed among five venture capital backers who invested in the company in November 2001 at a $35 million pre-money value. Those funds. are expected to post two to three times returns on their investment. Reprinted from the Israel High-Tech & Investment Report April 2003 Click HERE to request further information.

  • When was X-Technologies founded?

    X-Technologies was founded in 1999.

  • Where is X-Technologies's headquarters?

    X-Technologies's headquarters is located at 15042 Parkway Loop, Tustin.

  • What is X-Technologies's latest funding round?

    X-Technologies's latest funding round is Acquired.

  • How much did X-Technologies raise?

    X-Technologies raised a total of $17.25M.

  • Who are the investors of X-Technologies?

    Investors of X-Technologies include Guidant Compass Group, Yozma Group, Giza Venture Capital, Deutsche Bank, Shamrock Holdings and 5 more.

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