SensAble Pulls in $8M
SensAble Technologies, a Woburn, MA-based maker of 3D modeling and haptic systems for product design, medical modeling, dental restoration, and digital content creation, has pulled in $8 million in a mixed equity offering, according to an SEC filing. Existing SensAble investor HLM Venture Partners led the round, which also included North Bridge Venture Partners and will be used to support marketing, engineering, and sales efforts for the company’s line of digital dental design products, a company press release stated. The offering consisted of a mix of types of securities including equity, but the company did not return calls on Friday inquiring how much of the financy was equity-based. Disclosure: Xconomy founder and editor in chief Bob Buderi holds a small amount of SensAble common stock.