Elevation Spine, a Monterey, CA-based developer of integrated-fixation spinal technologies, raised $11M in Series B funding.
The round was led by Technology Venture Partners with participation from Mutual Capital Partners. The company also announced the appointment of Donald Bossi and Bryson Hollimon, both of Technology Venture Partners, to its Board of Directors.
The company intends to use the funds to ramp the commercial production of Saber-C as well as support product development of future product extensions of its Saber Technology platform of products.
Led by CEO Charles Gilbride, Elevation Spine develops a technology platform called Saber® Technology, which represents an innovative approach to traditional spinal systems, focusing on improving patient outcomes.