Spine Disorder Medical Device Company VertiFlex Raises $14 Million

Posted Feb 2, 2011

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]