Tech Company Financing Transactions
SI-BONE Funding Round
On 8/18/2010, SI-BONE landed $11 million in investment from Skyline Ventures and private investors.
Transaction Overview
Company Name
Announced On
8/18/2010
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Undisclosed
Investors
Skyline Ventures (Lead Investor) (Glenn Reicin)
Proceeds Purpose
The primary purposes of the financing are to dramatically increase investment in 1) worldwide sales and marketing operations 2) expansion of the company's clinical efforts through a retrospective minimally invasive surgical (MIS) SI joint treatment study, a prospective, multicenter study (MISSION), a European prospective study, additional post-market case studies and an animal study validating arthrodesis with the iFuse implant to further establish clinical efficacy and 3) educate spine surgeons and referring specialists in the US and Europe.
Company Information
Company Status
Publicly-held
Industry
Medical Devices & Instruments
Mailing Address
471 El Camino Real 101
Santa Clara, CA 95050
USA
Santa Clara, CA 95050
USA
Phone
Website
Email Address
Overview
SI-BONE (Nasdaq: SIBN) is committed to providing high-quality innovative medical devices for the treatment of SI Joint dysfunction. SI-BONE is a leader in the diagnosis and treatment of SI Joint dysfunction.
Management Team
Title
Name
Email & Social
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