MVM leads $10m round for eZono

The company's existing shareholder, bm-t beteiligungsmanagement thueringen, also participated in the round with capital drawn from its Private Equity Thueringen fund.

eZono will use the funding to expand research and development operations at its German base in Jena. It will also invest in its global sales operations.

Company
Founded in Jena in 2004, eZono develops tablet-style ultrasound systems for emerging healthcare markets like regional anaesthesia and
emergency care. The company's first product, eZono 3000, was launched in May 2009 and sold in 30 countries globally. The business is currently developing a needle guidance technology to be launched in 2013.

eZono's revenue grew by 60% in 2012.

People
Hugo Harrod worked on the deal for MVM. He joined the company's board of directors.

Advisers
Company - ACADA Rechtsanwaelte (Legal).

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• Topics
• Expansion
• Healthcare
• DACH
• Germany