Spineology Inc. Obtains $7,500,000 New Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c7c3110d-66d3-431f-98d5-91f298b3ad8b&Preview=1 -
Date
7/15/2008 -
Company Name
Spineology Inc. -
Mailing Address
7200 Hudson Boulevard North St. Paul, ME 55128-7055 -
Company Description
Spineology was founded in 1996 by Dr. Stephen Kuslich. Dr. Kuslich was a pioneer in minimally invasive spine surgery, being one of the first in the U.S. to use the operating microscope. During his career, Dr. Kuslich was also instrumental in the development of numerous spinal implants, including OptiMesh, that have provided and continue to provide pain relief for tens of thousands of people. -
Website
http://www.spineology.com -
Transaction Type
Venture Equity -
Transaction Amount
$7,500,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The proceeds from this financing are expected to fund additional commercialization, product development and clinical research efforts for the company, which serves the $4 billion spinal market. -
M&A Terms
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Venture Investor
Undisclosed
