ConforMIS Lands $89,000,000 Series E Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d73b835a-2ed2-47ea-a664-8ddb7d4568f8&Preview=1 -
Date
1/31/2012 -
Company Name
ConforMIS -
Mailing Address
11 North Avenue Burlington, MA 01803 -
Company Description
Our mission is to provide best-in-class, patient-specific, minimally invasive medical implants for orthopedics and sports medicine. This is achieved through use of our unique and highly differentiating imaging analysis tools that render precision 3-D implant sizing and innovative implant design that conform to unique anatomy of each and every patient. -
Website
http://www.conformis.com -
Transaction Type
Venture Equity -
Transaction Amount
$89,000,000 -
Transaction Round
Series E -
Proceeds Purposes
The company, which more than doubled its revenues in 2011, will use the funds to support ongoing sales and marketing expansion, R&D investment into new product lines, and build out of manufacturing infrastructure. -
M&A Terms
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Venture Investor
AGC Equity Partners -
Venture Investor
Axel Johnson -
Venture Investor
Undisclosed
