Tech Company Financing Transactions
VertiFlex Funding Round
VertiFlex secured a $26.8 million financing round on 1/13/2016. Backers included private investors.
Transaction Overview
Company Name
Announced On
1/13/2016
Transaction Type
Venture Equity
Amount
$26,825,680
Round
Undisclosed
Investors
Proceeds Purpose
$10,500,000 new cash, $16,220,680 conversion of debt, $105,000 upon exercise of warrants. Proceeds purposes were not disclosed. 8 investors participated in the offering. The amount may include options, warrants or other securities. Contact technology company for investment details, if applicable. Not an offer or solicitation for the sale of securities or debt. SEC regulatory filing.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
2714 Loker Ave. West 100
Carlsbad, CA 92010
USA
Carlsbad, CA 92010
USA
Phone
Website
Email Address
Overview
VertiFlex is a privately held medical device company dedicated to the advancement of minimally invasive solutions for the treatment of lumbar spinal stenosis(LSS), which is the leading cause of spinal surgery in the elderly. Our focus is to resolve the pain of LSS, helping patients regain active and productive lifestyles.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Earl Fender
Chief Financial Officer
Jeffrey Swiecki
Vice President
Michael Enxing
VP - Human Resources
Bick Sellers
VP - R & D
J. P. Timm
VP - Regulatory Affairs
Steven Reitzler
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