Financial

CyMedica Orthopedics raises $6 million

Scottsdale medical device company CyMedica Orthopedics completed a $6 million raise, or so says a recent regulatory filing.

The highly hush-hush company neither has a website, nor did CEO Robert Morocco respond to calls to discuss what the equity round will be used to do. The company was launched and named in 2013. In June that year, it aimed to raise about $1.5 million.

Morocco is billed on his LinkedIn page as a longtime C-level exec at a number of medical device companies, including Scottsdale-based imaging firm Orthoscan, which was acquired in 2011 by Germany-based Aton GmbH.

Read more: http://medcitynews.com/2014/07/cymedica-orthopedics-raises-6-million/#ixzz38mWsu773

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Josh Sandberg

Josh Sandberg is the President of Ortho Sales Partners and Partner for The De Angelis Group. He also serves as Co-Founder and Editor of OrthoSpineNews.

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