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BMEYE B.V. Completes EUR 6 Million Series B Financing Round
Date:10/8/2009

AMSTERDAM, October 8 /PRNewswire/ -- BMEYE B.V., the non-invasive cardiovascular monitoring company, today announced the successful completion of its Series B financing round, raising EUR 6 million. New investors Earlybird, who led this round, and 360 Capital Partners participated in the financing, along with other existing BMEYE shareholders as LSP (Life Sciences Partners) and Techfund.

BMEYE has successfully been selling Nexfin(TM), an FDA and CE approved cardiovascular monitor which uses an easy to apply finger sensor to produce accurate beat-to-beat, non-invasive blood pressure and cardiac output data displayed on an intuitive touch screen. Proceeds from the financing will support the accelerated growth program of the company based on further product introductions and development of the sales channel.

"We are pleased to have completed this financing round, especially given today's challenging economic climate," said Rob de Ree, BMEYE's Chief Executive Officer. "This is a solid recognition of the quality of the BMEYE team and our success since the introduction of the Nexfin monitor, with highly regarded new and existing investors participating."

"We never experienced such positive response by potential customers in our Due Diligence work. BMEYE introduced truly a breakthrough technology in non-invasive, beat-to-beat cardiovascular monitoring in Europe and the United States," comments Thom Rasche, Partner at Earlybird, who will resume a board seat. "The technology is clinically validated, widely published and the market potential is very large. The main application areas are in the fast-growing segments of cardiology, emergency and critical care," adds Diana Saraceni, Partner at 360 Capital Partners who will as well resume a board position.

BMEYE B.V. was founded in 2005. In 2006 the company closed the Series A round with LSP as the lead investor.

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SOURCE BMEYE B.V.
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