Wolfstone Quoted in Portland Business Journal About Capital Financing
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.”