Spine

Zyga Technology sells $2 million in securities as part of a $5 million offering.

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.

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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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