Knobbe Martens Olson & Bear LLP, one of the largest intellectual property firms in the United States, announces that client, New Enterprise Associates, led a successful Series C financing round securing $25 million in investments for Topera, Inc., a medical device company that has developed a novel mapping and targeting system for the identification of the sources that sustain complex cardiac arrhythmias.
Proceeds from the funding round will be used primarily to support the planned 2013 commercial launch of Topera’s RhythmView™ WorkStation and FIRMap™ Catheter in Europe and the U.S. as well as to further advance the company’s research and development pipeline and clinical development program.
Topera’s next generation 3-D electrophysiological mapping system is a breakthrough technology that is uniquely capable of mapping and visualizing electric rotors and focal impulses that sustain the irregular rhythms of atrial fibrillation, enabling electrophysiologists to provide more precise and appropriate therapy for their patients. This technology allows clinicians to more precisely target therapies such as catheter ablations and achieve success rates on par with those of simple arrhythmias.
Orange County attorneys Salima Merani, Ph.D. and Michael Christensen represented NEA in the IP diligence of Topera.
About New Enterprise Associates:
New Enterprise Associates (NEA) is a global investment firm focused on venture capital and growth equity investments. With approximately $11 billion in committed capital, NEA is among the largest venture firms in the United States. The firm invests in three broad industry sectors: information technology, health care and energy technology, with investment professionals allocated to each industry. NEA invests in companies in various stages of development. More information about New Enterprise Associates can be found at www.nea.com.
About Knobbe Martens:
With over 275 lawyers and scientists nationwide, Knobbe Martens Olson & Bear LLP dedicates its practice to all aspects of intellectual property law including litigation. Consistently ranked among the top intellectual property firms worldwide, Knobbe Martens serves a diverse group of clients from multinational corporations to emerging businesses of all stages. Headquartered in Orange County, California, Knobbe Martens also has offices in San Diego, Los Angeles, Riverside, San Francisco, Silicon Valley, Seattle and Washington, D.C. More information about the firm can be found at www.knobbe.com.
