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.

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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.

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