Cayenne Medical Closes $10 Million Capital Raise (press release)
-- Proceeds to Support Accelerated Growth and Continued Expansion in Sports Medicine Orthopedic Solutions --
Cayenne Medical, Inc., a private sports medicine device company, today announced the closing of a $10 million equity financing, with new investor Fletcher Spaght Ventures joining existing investors Split Rock Partners, MB Venture Partners and Investor Growth Capital. The proceeds will be used to enhance the company's sales and distribution and to support expansion of its portfolio of sports medicine orthopedic solutions...