Tech Company Financing Transactions
Applied Spine Technologies Funding Round
Applied Spine Technologies closed a $28 million Series C financing round on 4/11/2007. Investors included Investor Growth Capital and MB Venture Partners.
Transaction Overview
Company Name
Announced On
4/11/2007
Transaction Type
Venture Equity
Amount
$28,000,000
Round
Series C
Investors
Investor Growth Capital (Lead Investor) (Stephen Campe)
Proceeds Purpose
A portion of the proceeds will be used to finance a U.S. IDE clinical trial. This pivotal study is now under way comparing posterior dynamic stabilization using AST's Stabilimax NZ� Dynamic Spine Stabilization System to patients receiving traditional fusion stabilization to treat degenerative lumbar spinal stenosis.
Company Information
Company Status
Acquired or Merged
Industry
Medical Devices & Instruments
Mailing Address
30 Cold Spring Rd.
Rocky Hill, CT 06067
USA
Rocky Hill, CT 06067
USA
Phone
Website
Email Address
Overview
Applied Spine Technologies, headquartered in New Haven, Conn., is developing the M-Brace(TM), a posterior dynamic stabilization device designed to support the spine while preserving motion and flexibility.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Craig Corrance
Chief Financial Officer
Terry Brennan
VP - R & D
Bruce Robie
VP - Regulatory Affairs
Michele Lucey
Browse more venture capital transactions:
Prev: 4/11/2007: Altierre venture capital transaction
Next: 4/11/2007: World Golf Tour venture capital transaction
Share this article
Where The Data Comes From
We do our best to document funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs