SpinalMotion pulls in $15M in financing to support Metal-on-Metal Disc Replacement

SpinalMotion closes 4th tranche of $15M round (Mass Device) Medical device company SpinalMotion closes the 4th and final round of a $15 million debt offering for its spinal implants. SpinalMotion closed the final tranche of a $15 million funding round that began in June 2011, according to a regulatory filing. The Mountain View, Calif.-based medical device company raised a total of $15.1 million in the offering of debt, options and warrants from 15 unnamed investors, according to the filing. The first tranche of $7.7 million closed June 2, 2011, according to the SEC filing. A 2nd, $3.0 million ...


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