Cayenne Medical Closes $10M Equity Financing

Cayenne Medical, a company focused on sports medicine devices, recently closed a $10 million equity financing with Fletcher Spaght Ventures, a new investor, according to accompany news release.

Advertisement

The company’s current investors include Split Rock Partners, MB Venture Partners and Investor Growth Capital. The proceeds from the newest investor will be used to enhance the company’s sales and distribution team as well as expand its product portfolio.

The company plans to launch the Quattro Shoulder System for rotator cuff and labral repairs later this month.

Related Articles on Orthopedic Devices:

Remote Controlled Limb Lengthening Device Receives FDA Clearance

ArthroCare Revenues Down in 2011

Orthopedics Market Continues to Stabilize

Advertisement

Next Up in Spinal Tech

Advertisement

Comments are closed.