Cadent closes $15m Funding Round

Cadent,the provider of 3-D digital solutions for the orthodontic and dental industries, completed a $15m round of financing led by new investor Fortissimo Capital.

Proceeds will be used to accelerate the expansion of the company in North America and the launch of new products in Europe and in the USA.

The company is also backed by a syndicate of venture capital investors including, Apax Partners, Panorama Capital (J.P. Morgan Partners), STAR Ventures and SV Life Sciences.

According to Terence J. Gunning, Chief Executive Officer of Cadent, “This financing round validates Cadent’s position as the undisputed leader in 3-D digital dental impressions and services and signifies a new growth stage for the company that will extend the reach of our technology platforms worldwide”.

FinSMEs

25/08/2009

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