About Zonare Medical Systems
Zonare Medical Systems is a company based in Mountain View (United States) founded in 1999 was acquired by Mindray North America in June 2013.. Zonare Medical Systems has raised $116.15 million across 8 funding rounds from investors including Texas Instruments, Merrill Lynch and 3i Group. The company has 127 employees as of December 31, 2022. Zonare Medical Systems operates in a competitive market with competitors including Butterfly Network, Exo, SonoSite, TechsoMed and Germitec, among others.
- Headquarter Mountain View, United States
- Employees 127 as on 31 Dec, 2022
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Sectors
Healthcare
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Phone
*********
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Website
*********
- Legal Name Zonare Medical Systems, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$116.15 M (USD)
in 8 rounds
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Latest Funding Round
$25 M (USD), Debt – Conventional
Jul 25, 2012
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Investors
Texas Instruments
& 15 more
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Employee Count
127
as on Dec 31, 2022
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Acquired by
Mindray North America
(Jun 12, 2013)
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Funding Insights of Zonare Medical Systems
Zonare Medical Systems has successfully raised a total of $116.15M across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $25 million completed in July 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Debt – Conventional — $25.0M
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First Round
First Round
(11 Aug 2003)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2012 | Amount | Debt – Conventional - Zonare Medical Systems | Valuation |
investors |
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| Nov, 2010 | Amount | Series G - Zonare Medical Systems | Valuation |
investors |
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| Dec, 2009 | Amount | Series G - Zonare Medical Systems | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Zonare Medical Systems
Zonare Medical Systems has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include Texas Instruments, Merrill Lynch and 3i Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture debt firm focused on the life sciences sector
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Founded Year | Domain | Location | |
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Healthcare sector private equity investments are managed by the firm.
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Founded Year | Domain | Location | |
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Private equity firm focused on mid-market businesses
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Zonare Medical Systems
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Zonare Medical Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Zonare Medical Systems Comparisons
Competitors of Zonare Medical Systems
Zonare Medical Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Butterfly Network, Exo, SonoSite, TechsoMed and Germitec, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Handheld ultrasound devices are developed for whole-body medical imaging.
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| domain | founded_year | HQ Location |
Ultrasound images are analyzed via AI-based software provided by Exo.
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| domain | founded_year | HQ Location |
Hand-carried ultrasound systems for medical specialties are developed and distributed.
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| domain | founded_year | HQ Location |
Ultrasound-based monitoring systems for thermal ablation procedures are developed.
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| domain | founded_year | HQ Location |
UV-C disinfection systems for ultrasound probes are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Zonare Medical Systems
Frequently Asked Questions about Zonare Medical Systems
When was Zonare Medical Systems founded?
Zonare Medical Systems was founded in 1999 and raised its 1st funding round 4 years after it was founded.
Where is Zonare Medical Systems located?
Zonare Medical Systems is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Is Zonare Medical Systems a funded company?
Zonare Medical Systems is a funded company, having raised a total of $116.15M across 8 funding rounds to date. The company's 1st funding round was a Series G of $14.52M, raised on Aug 11, 2003.
How many employees does Zonare Medical Systems have?
As of Dec 31, 2022, the latest employee count at Zonare Medical Systems is 127.
What does Zonare Medical Systems do?
Zonare Medical Systems was founded in 1999 in Mountain View, United States, and operates in the medical imaging sector. Ultrasound solutions are supplied to the industry through proprietary Zone Sonography Technology and Living Technology. Algorithms are utilized to enhance image quality in these systems. The company was acquired by Mindray in June 2013, becoming its subsidiary focused on portable ultrasound innovations.
Who are the top competitors of Zonare Medical Systems?
Zonare Medical Systems's top competitors include Butterfly Network, Exo and TechsoMed.
Who are Zonare Medical Systems's investors?
Zonare Medical Systems has 16 investors. Key investors include Texas Instruments, Merrill Lynch, 3i Group, Oxford Finance, and Frazier Healthcare Partners.