Mountain View, Calif. -- SpinalMotion, a Mountain View-based developer of investigational artificial discs for treating patients with degenerative disc disease, said on Wednesday that it has raised $20 million in its third round of funding reported that it has closed a Series C round of financing, raising $20 million of additional capital. Skyline Ventures led the round, joined by MedVenture Associates and previous investors Thomas Weisel Healthcare Ventures and Three Arch Partners. SpinalMotion currently has more than 1,500 of its discs implanted in patients, mostly in South Africa.
http://biz.yahoo.com/bw/060927/20060927005375.html?.v=1
http://www.spinalmotion.com
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