Ceterix Orthopaedics Lands $19,500,000 Series B Round

  • Feed Type
  • Date
    1/22/2013
  • Company Name
    Ceterix Orthopaedics
  • Mailing Address
    959 Hamilton Ave Menlo Park, CA 94025
  • Company Description
    Ceterix Orthopaedics, Inc. develops novel surgical tools for arthroscopic procedures. The Ceterix technology enables surgeons to place stitches in very tight joint compartments, while protecting sensitive surrounding structures such as nerves, arteries and cartilage. This technology has applications in numerous arthroscopic procedures in knees, hips and shoulders.
  • Website
    http://www.ceterix.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $19,500,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    This additional financing represents a significant vote of confidence for our progress to date and will bring us closer to meeting the need for better surgical outcomes for the millions of patients undergoing knee, hip and shoulder procedures each year.
  • M&A Terms
  • Venture Investor
    Novo A/S
  • Venture Investor
    5AM Ventures
  • Venture Investor
    Versant Ventures