Tech Company Financing Transactions
Intellirod Spine Funding Round
Akron BioInvestment Funds participated in a $1.1 million funding round for Intellirod Spine. The round was announced on 4/6/2013.
Transaction Overview
Company Name
Announced On
4/6/2013
Transaction Type
Venture Equity
Amount
$1,100,000
Round
Undisclosed
Investors
Proceeds Purpose
The Akron BioInvestment Funds has provided financing to Orthodata, Inc in support of its effort to commercialize a new spine fusion sensor -- an innovative diagnostic system that allows surgeons to accurately assess the success of spinal fusion and eliminate the need for unnecessary exploratory surgery while accelerating patients' return to work after surgery.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
554F White Pond Dr.
Akron, OH 44320
USA
Akron, OH 44320
USA
Phone
Website
Email Address
Overview
Intellirod Spine (formerly OrthoData Inc.) was founded by renowned spine surgeon Rolando M. Puno, M.D. and professors from the University of Louisville. The company is developing a wireless implantable microelectronic spinal rod strain sensor.
Management Team
Title
Name
Email & Social
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