Damn!!!! Seattle-Area Company Closures: Sotto, TeachFirst, and Ultreo Shut Down | Xconomy

Seattle-Area Company Closures: Sotto, TeachFirst, and Ultreo Shut Down | Xconomy: "—Redmond, WA-based Ultreo, maker of an electric toothbrush that uses ultrasound to help clean your teeth, has closed after failing to find a buyer or additional investor, according to VentureWire. (Northwest Innovation reported the company auctioned off its assets last month.) Ultreo was founded in 2003 and had raised some $28 million in venture funding, including an $11.3 million investment in May 2007 from Polaris Venture Partners, Buerk Dale Victor, WRF Capital, and angel investors. Led by Jack Gallagher, Ultreo competed with industry leader Sonicare, which is owned by Royal Philips Electronics, in the sonic toothbrush market."

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