Tech Company Financing Transactions
Paradigm Spine Funding Round
Paradigm Spine secured a $21.5 million funding round on 7/27/2009. Backers included Praefinium Group, Fifth Third Bank and Trevi Health Ventures.
Transaction Overview
Company Name
Announced On
7/27/2009
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$21,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The proceeds from this financing will be used to strengthen the US sales infrastructure, fund the Company's ongoing US clinical trial of the coflex(®) device, and drive further international expansion of the company's product portfolio.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
505 Park Ave. 14th Floor
New York, NY 10022
USA
New York, NY 10022
USA
Phone
Website
Email Address
Overview
Paradigm Spine is a provider of non-fusion spinal implant solutions that serve to address the unmet clinical needs of spine surgeons and their patients. Starting with the coflex interspinous implant technology Paradigm Spine develops a full non-fusion product portfolio of motion preserving, tissue sparing technologies.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Marc Viscogliosi
Chief Financial Officer
Steve Ward
Chief Technical Officer
Francis Magee
VP - Marketing
Lisa Denison
VP - Sales
Charlie Gilbride
VP - Sales
Timothy Hein
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