Simpirica Spine Lands $22,000,000 Series C Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5cf998a1-afdc-489e-b191-34b716b6970e&Preview=1 -
Date
9/20/2011 -
Company Name
Simpirica Spine -
Mailing Address
1680 Bayport Avenue San Carlos, CA 94070 -
Company Description
Simpirica Spine, Inc. was founded in 2006 to develop minimally invasive, flexion-restricting stabilization devices for the spine. Tcompany’s lead product, the LimiFlex Spinal Stabilization System, is CE marked and is typically used in conjunction with a surgical decompression for the treatment of lumbar spinal stenosis with or without degenerative spondylolisthesis. -
Website
http://www.simpirica.com -
Transaction Type
Venture Equity -
Transaction Amount
$22,000,000 -
Transaction Round
Series C -
Proceeds Purposes
The funding will be used to support the European commercialization of the company’s lead product, the LimiFlex Spinal Stabilization System. -
M&A Terms
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Venture Investor
Norwest Venture Partners -
Venture Investor
De Novo Ventures -
Venture Investor
U.S. Venture Partners
