Tech Company Financing Transactions
Disc Dynamics Funding Round
Disc Dynamics, based in Eden Prairie, raised $3 million in funding from Affinity Capital, FirstMark Capital and Split Rock Partners.
Transaction Overview
Company Name
Announced On
3/6/2007
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Series F
Proceeds Purpose
The funding will go toward developing a spinal-disc repair treatment.
Company Information
Company Status
Out of Business
Industry
Medical Devices & Instruments
Mailing Address
9600 West 76th Street T
Eden Prairie, MN 55344
USA
Eden Prairie, MN 55344
USA
Phone
Undisclosed
Website
Email Address
Overview
Disc Dynamics, Inc. (DDI) was established to provide patients and physicians with a minimally invasive surgical alternative for treating low back pain. To achieve this goal, DDI has developed the DASCORTM Disc Arthroplasty System, an innovative treatment for patients suffering from chronic low back pain caused by Degenerative Disc Disease (DDD).
Management Team
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