OrthoSensor pulls in $17m funding round

March 3, 2015 by Mark Hollmer

OrthoSensor says it pulled in a $17 million funding round for its Verasense knee implant technology.

OrthoSensor said it pulled in a funding round worth nearly $17 million that it hopes will eventually add up to $19 million.

The Florida maker of knee implant placement technology disclosed the round in a recent regulatory filing.

OrthoSensor’s Verasense device is designed to help surgeons measure proper placement and motion during total knee replacement procedures.

OrthoSensor closed a $48 million Series B round in October 2013, just after its Verasense device gained a CE Mark approval in the European Union. The FDA granted 510(k) clearance to the VeraSense device in June 2013.

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