Ortho Kinematics‚ Inc. (OKI), a Austin, Texas-based healthcare diagnostics company focused on spine imaging informatics, closed more than $2m in its Series B financing.
The backers were not disclosed.
The company intends to use the capital to support the continued commercialization of its VMA (Vertebral Motion Analysis) technology. OKI is currently in the process of a limited scale beta launch with strategic partners. The funds will also help the company complete and expande its enterprise platform and allow for assessments of the neck (cervical spine) in addition to its current lower back (lumbar) assessments ability.
The VMA is a proprietary technology platform that is designed to be used in conjunction with standard fluoroscopes, which are commonly available in hospitals and clinics. It has patented intellectual property and received clearance from the U.S. FDA earlier this year.
OKI is led by Paul Gunnoe, CEO.