| Evalve, Inc. (www.evalveinc.com) is a leader in innovative devices for the endovascular repair of cardiac valves. The company's initial products are intended to reduce the risks, trauma and costs associated with current open, arrested heart surgical options. Based in Redwood City, California, privately-held Evalve was founded in 1999, and was the first business launched by The Foundry (www.the-foundry.com), a medical device incubator. The company has been funded by New Enterprise Associates, Delphi Ventures, St. Paul Venture Capital, Three Arch Partners, Cutlass Capital, ABS Ventures, and now Guidant Corporation.
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