Genicon Raises $4M in Funding

Genicon, Inc., an Orlando, FL-based designer, producer, and distributor of patented surgical instrumentation focused exclusively on laparoscopic surgery, raised $4m in funding.

Backers included Rand Capital Corporation (Nasdaq:RAND) and Advantage Capital Partners.

The company intends to use the funds to expand sales and marketing efforts and continue product development.

Founded in 1998 by CEO Gary Haberland, Genicon has distribution agreements in a number of international markets including the UK, Italy, Spain, South Korea, South Africa, the Middle East and China, as well as the US market.

FinSMEs

20/04/2015

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