Spine Wave closed a US $11MM round of new financing, led by existing investors New Enterprise Associates and Acadia Woods. Other participants included Compass Global Fund, Industry Ventures, Collinson, Howe and Lennox, California Technology Partners and MB Ventures. Proceeds will fund the company’s largest product portfolio expansion to date.
The company anticipates full commercial launch of seven major new products over the next 12 to 18 months. These were generated through both strategic acquisition and internal development.
ORTHOWORLD listed Spine Wave among 25 first-time exhibitors to meet at AAOS 2016. Its present products include the StaXx® XDTi, a titanium-coated expandable PEEK spacer; the Leva™ titanium interbody device, available in expandable and non-expandable versions; the Anex® Adjacent Level System, etc.
Sources: Spine Wave, Inc., ORTHOWORLD Inc.
Spine Wave closed a US $11MM round of new financing, led by existing investors New Enterprise Associates and Acadia Woods. Other participants included Compass Global Fund, Industry Ventures, Collinson, Howe and Lennox, California Technology Partners and MB Ventures. Proceeds will fund the company's largest product portfolio expansion to date.
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Spine Wave closed a US $11MM round of new financing, led by existing investors New Enterprise Associates and Acadia Woods. Other participants included Compass Global Fund, Industry Ventures, Collinson, Howe and Lennox, California Technology Partners and MB Ventures. Proceeds will fund the company’s largest product portfolio expansion to date.
The company anticipates full commercial launch of seven major new products over the next 12 to 18 months. These were generated through both strategic acquisition and internal development.
ORTHOWORLD listed Spine Wave among 25 first-time exhibitors to meet at AAOS 2016. Its present products include the StaXx® XDTi, a titanium-coated expandable PEEK spacer; the Leva™ titanium interbody device, available in expandable and non-expandable versions; the Anex® Adjacent Level System, etc.
Sources: Spine Wave, Inc., ORTHOWORLD Inc.
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JV
Julie Vetalice is ORTHOWORLD's Editorial Assistant. She has covered the orthopedic industry for over 20 years, having joined the company in 1999.