CardioKinetix has developed a novel transcatheter implant called the Parachute Ventricular Partitioning Device (Parachute). The Parachute is designed to be a catheter-based partitioning device deployed within the left ventricle for patients who have developed ischemic left sided heart failure following a heart attack. The Parachute implant partitions the damaged muscle, isolating the non-functional muscle segment from the functional segment, which decreases the overall volume and restores a more normal geometry and function in the left ventricle.

Type
Private
HQ
Menlo Park, US
Founded
2003
Size (employees)
26 (est)
CardioKinetix was founded in 2003 and is headquartered in Menlo Park, US
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Key People/Management at CardioKinetix

Maria Sainz

Maria Sainz

President & CEO & Board Director
Brett Hale

Brett Hale

CFO
Bob Nicholas

Bob Nicholas

VP, Operations

CardioKinetix Office Locations

CardioKinetix has an office in Menlo Park
Menlo Park, US (HQ)
1360 O'Brien Dr
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CardioKinetix Financials and Metrics

Summary Metrics

Founding Date

2003

Total Funding

$135.5 m

Latest funding size

$50 m

Time since last funding

3 years ago

Investors

CardioKinetix's latest funding round in December 2014 was reported to be $50 m. In total, CardioKinetix has raised $135.5 m
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