SI-BONE closes $33M in funding to grow its sacroiliac joint business

SI-BONE, Inc. Closes $33 Million Growth Capital Financing (press release)
SI-BONE, Inc. (San Jose, California), a medical device company that has pioneered the use of the iFuse Implant System®, a minimally invasive surgical (MIS) device used to fuse the sacroiliac (SI) joint, announced today the completion of a $33 million growth capital round of financing.
Orbimed and Novo A/S invested in the round along with current investors Skyline Ventures and Montreux Equity Partners.  Proceeds from the investment will be used to fund expansion of the U.S. sales organization and add additional resources ...