Tech Company Financing Transactions

Innovative Spinal Technologies Funding Round

On 8/2/2005, Innovative Spinal Technologies secured $39 million in Series B funding from OrbiMed, JPMorgan Partners and MPM Capital.

Transaction Overview

Announced On
8/2/2005
Transaction Type
Venture Equity
Amount
$39,000,000
Round
Series B
Investors

OrbiMed (Lead Investor) (Robert Adelman)

JPMorgan Partners (John Ryan)

MPM Capital (Luke Evnin)

Proceeds Purpose
The financing will be used to expand IST's world-class team and to accelerate the launch of its next-generation spinal devices.

Company Information

Company Status
Out of Business
Industry
Medical Devices & Instruments
Mailing Address
111 Forbes Blvd.
Mansfield, MA 02048
USA
Email Address
Overview
Innovative Spinal Technologies is a leading developer, manufacturer, and marketer of the most innovative suite of products in Minimally Invasive Spine surgery worldwide.
Profile
Innovative Spinal Technologies LinkedIn Company Profile
Social Media
Innovative Spinal Technologies Company Twitter Account
Company News
Innovative Spinal Technologies News
Facebook
Innovative Spinal Technologies on Facebook
YouTube
Innovative Spinal Technologies on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Scott Schorer
  Scott Schorer LinkedIn Profile  Scott Schorer Twitter Account  Scott Schorer News  Scott Schorer on Facebook
Chief Financial Officer
Daniel Geffken
  Daniel Geffken  LinkedIn Profile  Daniel Geffken  Twitter Account  Daniel Geffken  News  Daniel Geffken  on Facebook


 

 

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