Tech Company Financing Transactions
Simplify Medical Funding Round
Simplify Medical, based in Sunnyvale, secured $21 million from LSP BioVentures, M. H. Carnegie & Co. and Sectoral Asset Management.
Transaction Overview
Company Name
Announced On
7/20/2017
Transaction Type
Venture Equity
Amount
$21,000,000
Round
Series B
Investors
Proceeds Purpose
The new funds will be used to complete two ongoing U.S. pivotal clinical trials of the Simplify Disc studying its use in one level of the spine and in two adjacent levels of the spine as a treatment for cervical degenerative disc disease.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
685 N Pastoria Ave.
Sunnyvale, CA 94085
USA
Sunnyvale, CA 94085
USA
Phone
Website
Email Address
Not Recorded
Overview
Simplify Disc is a motion preserving cervical artificial disc designed to allow full diagnostic imaging with MRI, minimizing patient exposure to radiation from CT scans. Simplify Disc is composed of polymer & ceramic composite -- so it has no metal wear from articulating components.
Profile
Social Media
Company News
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Management Team
Title
Name
Email & Social
Chief Executive Officer
David Hovda
Vice President
Kim Norton
VP - Operations
Mark Alvis
VP - Operations
Bryan Barr
VP - R & D
Yves Arramon
VP - Regulatory Affairs
Beth Neil
VP - Sales
Brian Polonet
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