Ceterix Orthopaedics Lands $19,500,000 Series B Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=d73d2917-a510-447d-90d5-461683cdda0e&Preview=1 -
Date
1/22/2013 -
Company Name
Ceterix Orthopaedics -
Mailing Address
959 Hamilton Ave Menlo Park, CA 94025 -
Company Description
Ceterix Orthopaedics, Inc. develops novel surgical tools for arthroscopic procedures. The Ceterix technology enables surgeons to place stitches in very tight joint compartments, while protecting sensitive surrounding structures such as nerves, arteries and cartilage. This technology has applications in numerous arthroscopic procedures in knees, hips and shoulders. -
Website
http://www.ceterix.com -
Transaction Type
Venture Equity -
Transaction Amount
$19,500,000 -
Transaction Round
Series B -
Proceeds Purposes
This additional financing represents a significant vote of confidence for our progress to date and will bring us closer to meeting the need for better surgical outcomes for the millions of patients undergoing knee, hip and shoulder procedures each year. -
M&A Terms
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Venture Investor
Novo A/S -
Venture Investor
5AM Ventures -
Venture Investor
Versant Ventures
