Navigation Links
Zyga Technology Announces $25 Million Venture Financing
Date:5/16/2012

MINNEAPOLIS, May 16, 2012 /PRNewswire/ -- Zyga Technology announced today that it had raised $25 million in a Series C financing led by new investor Versant Ventures of Menlo Park, California.  Joining Versant in this round are existing investors Split Rock Partners, Domain Associates, and MB Venture Partners.  With this investment, Kirk Nielsen, Managing Director, Versant Ventures will join the board of directors of Zyga. 

(Logo:  http://photos.prnewswire.com/prnh/20110118/CG30384LOGO)

"We are thrilled to have the support of Versant in this critical round of financing.  Having Kirk on our board will provide us with additional guidance as we navigate both the commercial strategy for our SImmetry® Sacroiliac Joint Fusion System(TM) and the rigors of clinical trials for the GLYDER(TM) facet resurfacing product," said Jim Bullock, President and Chief Executive Officer.  SImmetry, a device designed to treat low back pain emanating from the sacroiliac joint, has been approved by the FDA for commercialization.  "These funds will allow us to focus on building world class sales, marketing, and clinical efforts to commercialize this important new technology," said Bullock.  "Additionally, I am very encouraged with the preliminary European clinical trial results of Glyder, our facet resurfacing device.  This funding will help expand our clinical efforts which will ultimately serve to gain CE Mark and US trial approval," concluded Bullock.

About Zyga Technology

Based in Minneapolis, MN, Zyga Technology was founded to develop and market innovative, minimally invasive surgical solutions to treat conditions of the spine.  Zyga has put together a team of engineers, marketing personnel, and management with significant experience developing medical devices for the spine industry.

Press Contact:

Paul Hess
Senior Marketing Manager
Zyga Technology, Inc.
(612) 455-1061
phess@zygatech.com


'/>"/>
SOURCE Zyga Technology, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. INTAC™ Technology Combats Misuse of Extended Release Drugs
2. Physician-Patient Alliance for Health & Safety: Monitoring Technology for PCA Pumps Can Prevent Adverse Events: So Why Are Hospitals Not Using It?
3. Pharmaceutics International, Inc. (Pii) Supports University Pharmaceutical Technology Education and Research
4. Remedy Informatics Named "Cool Vendor" in Life Sciences by Leading Technology Analyst Firm
5. DURECT Announces Issuance of U.S. Patents Covering ORADUR® Technology
6. Johnson & Johnson (China) Investment Ltd. Acquires Guangzhou Bioseal Biotechnology Co., Ltd.
7. Amarantus BioSciences to Present at the New York Biotechnology Association (NYBA) 21st Annual Meeting on May 2nd, 2012
8. Ultra Clean to Present at the Jefferies 2012 Global Technology, Media & Telcom Conference
9. SolutionStart Corp. Announces John Karagiannis as Vice President of Technology
10. Fujitsu to Showcase Radiation-Hardened RFID Using FRAM Technology at Interphex 2012 in New York City, Booth #2430
11. JDRF Announces Research Collaboration with Dexcom, Inc. to Develop "Smart Transmitter" Technology to Accelerate Artificial Pancreas Studies
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/27/2017)... 2017  Commended for their devotion to personalized service, SMP ... number one in the South Florida Business Journal,s 50 Fastest-Growing ... yearly list, the national specialty pharmacy has found its niche.  ... will soon be honored by SFBJ as the 2017 Power ... Set to receive his award in October, Bardisa said of ...
(Date:9/22/2017)... ROCKVILLE, Md. , Sept. 22, 2017  As ... by Republican Senators Bill Cassidy (R-LA) and ... Kalorama Information notes that the medical device industry is ... the medical device tax, the 2.3% excise tax on ... Act.  But they also want covered patients, increased visits ...
(Date:9/18/2017)... , Sept. 18, 2017 EpiVax, ... of bioinformatics and immune engineering, today announced ... influenza A (H7N9) vaccine. ... to seasonal influenza and presents a challenge ... prior exposure to be effective. Using state-of-the-art ...
Breaking Medicine Technology:
(Date:10/13/2017)... ... 2017 , ... While it’s often important to take certain medications during the ... Texas, has identified a solution. , She developed a prototype for MOTION LIGHT-UP PILL ... it eliminates the need to turn on a light when taking medication during the ...
(Date:10/13/2017)... ... 13, 2017 , ... Lori R. Somekh, founder of the Law Office ... of elder law and special needs planning attorneys. “Membership in ElderCounsel helps our office ... forum to network with elder law attorneys nationwide,” said Somekh. , ElderCounsel ...
(Date:10/13/2017)... (PRWEB) , ... October 13, 2017 , ... Global Healthcare ... scenic Alexandria Park in Milford, NJ. This free event, sponsored by Global Healthcare ... activity. The fun run is geared towards children of all ages; it is ...
(Date:10/13/2017)... ... 2017 , ... “America On The Brink”: the Christian history of the United ... the creation of published author, William Nowers. Captain Nowers and his wife, Millie, ... spent thirty years in the Navy. Following his career as a naval aviator ...
(Date:10/12/2017)... ... ... IsoComforter, Inc. ( https://isocomforter.com ), one of the Nation’s premier ... of the shoulder pad. The shoulder pad provides optimal support and full contact ... using cold therapy. By utilizing ice and water that is circulated from an insulated ...
Breaking Medicine News(10 mins):