Tech Company Financing Transactions
Globus Medical Funding Round
On 8/23/2007, Globus Medical raised $110 million in Series E funding from Clarus and private investors.
Transaction Overview
Company Name
Announced On
8/23/2007
Transaction Type
Venture Equity
Amount
$110,000,000
Round
Series E
Investors
Clarus (Lead Investor) (Kurt Wheeler)
Proceeds Purpose
The Series E financing will be used to fuel Globus Medical's rapid
growth and fund clinical trials associated with multiple innovative
technologies under development. The company's product development engine
has produced an unprecedented number of spinal implant systems for fusion,
minimally invasive surgery, motion preservation, and biomaterials.
Company Information
Company Status
Publicly-held
Industry
Medical Devices & Instruments
Mailing Address
2560 General Armistead Ave.
Audubon, PA 19403
USA
Audubon, PA 19403
USA
Phone
Website
Email Address
Overview
Globus Medical, a spine implant manufacturer has a product line of more than 100 spine products including minimally invasive and those supporting scoliosis.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
David Paul
Chief Executive Officer
David Demski
Chief Financial Officer
Keith Pfeil
VP - Bus. Development
Daniel Scavilla
VP - General Counsel
Kelly Huller
Browse more venture capital transactions:
Prev: 8/23/2007: Inotek Pharmaceuticals venture capital transaction
Next: 8/23/2007: Veveo venture capital transaction
Share this article
News on VC Transactions
Our team works diligently to record all VC transactions involving tech companies. VC investment data records reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs