iWalk Secures Venture Round

8/28/09Follow @xconomy

iWalk, the Cambridge, MA-based developer of an actively powered prosthetic ankle and foot, has raised a new round of venture financing that provides a post-money valuation of $20 million, according to Rick Casler, the company’s chief technology officer. The amount of equity investment isn’t yet being disclosed, although General Catalyst led the round, Casler says, and WFD Ventures has a seat on the board, according to a regulatory filing. iWalk, founded in 2006, is a spinoff from MIT’s Media Lab.

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