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Benvenue Medical Closes $35.5 Million Series C Financing
Date:4/18/2011

r board.  We're also gratified by the continued support of Versant Ventures and DeNovo Ventures, who have been with us since the beginning.  Our investors share the vision of Benvenue Medical becoming a leading company with product platforms in multiple markets in spine repair," said Robert Weigle, CEO of Benvenue Medical.  "This significant financing is an important milestone for our continued momentum."

"With the landmark KAST Clinical Trial enrolling well, along with the go-to-market efforts already underway for Blazer and additional products, Benvenue Medical is well positioned to be a significant player in the global spine market.  We're very enthusiastic about being involved," said Nimesh Shah.

"We're impressed with Benvenue Medical's growth potential in both the VCF and fusion markets and we look forward to working with the company as it evolves into a commercially-focused organization," said Roger Quy.

"We at Versant Ventures are enthused by Benvenue's momentum on multiple fronts and are thrilled to have the caliber of investors of Domain Associates and Technology Partners join the team," said Beckie Robertson, managing director at Versant Ventures.

About Benvenue Medical, Inc.

Founded in 2004, Benvenue Medical, Inc. is advancing spine repair through the development of proprietary, minimally invasive surgical and interventional solutions. The company is privately held and funded by Versant Ventures, DeNovo Ventures, Domain Associates and Technology Partners.  Its first products are designed for the treatment of vertebral compression fractures and degenerative disc disease, which have combined $1.6 billion revenues globally. For more information, visit www.benvenuemedical.com.

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