Tuesday, May 14, 2013

Lanx Lands $15M For Spinal Surgery Devices

Broomfield, Colorado-based Lanx, the medical devices developer which is developing devices used in spine surgery, has raised $15M in a Series C funding round. Lanx said the round was led by Credit Suisse Asset Management through its Customized Fund Investment Group (CFIG), and also included all of its prior investors, including Chicago Growth Partners, Goldman Sachs Private Equity Opportunities Fund, Noro-Moseley Partners and Oakwood Medical Investors. Hercules Technology Growth Capital also participated in the new funding round, which the firm said will go towards sales and marketing, as well as product expansion. More information »