Minnesota device maker Rotation Medical touts an oversubscribed Series B financing round with $27.2 million raised from slate of backers.
Minnesota-based Rotation Medical plans in coming weeks to advance its commercial efforts for its rotator cuff system thanks to the $27.2 million in raised from new and existing investors.
The oversubscribed Series B financing included backing from new investor Life Sciences Partners who co-led funding with New Enterprise Associations. New investor Pappas Ventures also joined the round among unnamed other backers.
from MassDevice - FDA and Medical device business news and jobs for the medical device industry http://ift.tt/1qlnInH
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