JustRight Surgical, LLC, a Louisville, CO-based mini-laparoscopic medical device company, closed a $4.2m Series B funding.
The company, which also completed $7m in debt financing, intends to use the funds to continue to advance sales, marketing, and other commercialization efforts for its core 3mm JustRight Sealer™ and its JustRight 5mm Stapler™ in both U.S. and European markets.
Both the equity investors and the debt provider were not disclosed.
Founded in 2010 and led by Russ Lindemann, president and CEO, JustRight Surgical has developed surgical instruments. Its 3mm JustRight Sealer™ and JustRight 5mm Stapler™ devices enable healthcare providers to get access in the body where visibility is reduced, facilitating less invasive surgical techniques and ultimately reducing scarring, pain and hospital stay.
All of their products are designed and manufactured in the U.S.