Founded in 1999, Evalve is a privately held medical device company that designs, develops, manufactures and markets devices for the repair of cardiac valves. It features products that are intended to reduce the risks, trauma and costs associated with arrested heart surgical options. The company offers mitral valve repair services with various products, including steerable guide catheters, clip delivery systems and MitraClip devices. It inserts guide catheters into the femoral vein at the groin and provides access to the mitral valve. Evalve employs cardiologists who perform mitral repair services with MitraClip devices in the catheterization laboratory. It additionally conducts various researches. Evalve maintains a location in Menlo Park, Calif.