OrthAlign, Inc., an Aliso Viejo, CA-based medical device and technology company, completed a $15m funding.
The round was led by current investors River Cities Capital Funds and Mutual Capital Partners.
The company intends to use the funds to launch the new hip product OrthAlign Plus®, increase sales and marketing activities, and continue its international distributor expansion.
Led by William E. Maya, Chief Executive Officer, OrthAlign is a medical device company that provides orthopedic surgeons with precision alignment technology and products.
Its KneeAlign®, which provides both tibial and femoral navigation in a simple, palm-sized, single use device and is compatible with all implant systems, has already been used in more than 21,000 cases, worldwide. OrthAlign Plus, which will be commercially available in early 2015, provides a handheld alternative in navigation technology for Total Hip Arthroplasty surgery, allowing surgeons to position the acetabular cup and measure leg length and offset.
FinSMEs
06/11/2014