December 10, 2014 by Val Kennedy
Zyga Technology sells $2 million in securities as part of a $5 million offering.
Zyga Technology said it raised $2 million in an equity-and-options round it hopes will eventually bring in $5 million.
Four unnamed investors participated in the round, according to a regulatory filing.
Based in Minnetonka, Minn., Zyga develops minimally invasive surgical products for the treatment of lumbar spinal conditions.
In December 2013, Zyga reported raising $10 million in a funding round involving 5 undisclosed investors.