OrthoSensor Raises $21M in Series B Financing
Published On January 27, 2011 |
OrthoSensor, Inc., a Sunrise, FL-based developer of intelligent orthopedic implants and sensor-assisted surgery systems, has raised $21m in Series B financing.
The round was led by Ziegler Meditech Equity Partners, LP, and an unnamed strategic investor.
The company is developing and commercializing intelligent orthopedic devices that provide surgeons with real-time, actionable information about implant placement and performance (including knee, hip and shoulder replacement procedures, as well as in spinal and trauma applications).
As also stated by CEO Jay Pierce, OrthoSensor intends to use the funds to move into the commercialization phase for its products (OrthoSensor Surgical, OrthoSensor Implantables and OrthoSensor Analytics).