Spinal Restoration Receives $5,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=59af7ce5-c1bd-4ba0-b975-368880fea2fd&Preview=1
Date
10/22/2012
Company Name
Spinal Restoration
Mailing Address
9737 Great Hills Trail Austin, TX 78759
Company Description
Spinal Restoration, Inc. was formed through a strategic partnership between Austin Ventures, recognized as one of the top venture capital firms in the nation, and Path4 Ventures, a management centric venture capital firm focused on the musculoskeletal market.
Website
http://www.spinalrestoration.com
Transaction Type
Debt, Venture Equity
Transaction Amount
$5,000,000
Transaction Round
Undisclosed
Proceeds Purposes
With the additional backing of Comerica Bank, Spinal Restoration is well funded to complete our BLA submission and initiate our commercialization efforts for the Biostat System.
M&A Terms
Venture Investor
Austin Ventures
Venture Investor
Sante Ventures
Venture Investor
MB Venture Partners
Venture Investor
Comerica Bank