Spine Disorder Medical Device Company VertiFlex Raises $14 Million

VertiFlex is a spine disorder medical device company that has raised $14 million in equity placement. The $14 million in funding was invested by Aberdare Ventures, Alta Ventures, New Enterprise Associates, and Thomas McNerney & Partners. VertiFlex said that this funding round includes a provision to raise an additional $14 million investment within the next year. VertiFlex plans on using this new round of funding for clinical trials and market development. [soCalTech]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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