News & Events

News & Events


Wolfstone Quoted in Portland Business Journal About Capital Financing

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Lane Powell Shareholder Jeff Wolfstone was quoted in the February 25 issue of Portland Business Journal in an article titled “Inovise Lands $5M.” The article is about Inovise, a Beaverton-based medical device company, introducing an innovative heart monitor to the market in the third quarter using $5 million of capital acquired from a recent fundraising round. In all, the company has collected $60 million in venture capital money in the past 14 years.

“If this company has already raised $50 million to $60 million, the investors must view it as having a compelling concept, promising technology and a talented management team behind it,” said Jeff Wolfstone, a shareholder and mergers and acquisitions specialist with Portland-based Lane Powell PC’s office. “They must have some strong prospects in the pipeline. That’s a very solid capital raise.”

Read the article (PDF).