Xconomy Boston

Arthrosurface, Inc. Secures $3,000,000 Series F Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ec2aebbf-5d85-40da-a8c3-86c53ecf2312&Preview=1
Date
2/29/2008
Company Name
Arthrosurface, Inc.
Mailing Address
28 Forge Parkway Franklin, MA 02038
Company Description
Arthrosurface, headquartered in Franklin, MA, develops minimally invasive joint resurfacing systems. The company’s HemiCAP™ system is a platform technology providing a surgical alternative to conventional treatment methods.
Website
http://www.arthrosurface.com
Transaction Type
Venture Equity
Transaction Amount
$3,000,000
Transaction Round
Series F
Proceeds Purposes
The company said it would use the financing for product launches, hiring in its sales department and working capital. This funding is the final tranche of a funding began in 4th quarter, 2007.
M&A Terms
Venture Investor
Boston Millennia Partners
Venture Investor
Undisclosed