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. INTACâ„¢ 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:6/24/2016)... 24, 2016 According to a ... (Standard Pen Needles, Safety Pen Needles), Needle Length (4mm, ... Hormone), Mode of Purchase (Retail, Non-Retail) - Trends & ... studies the market for the forecast period of 2016 ... 2.81 Billion by 2021 from USD 1.65 Billion in ...
(Date:6/23/2016)... , June 23, 2016 Research and ... Global Market - Forecast to 2022" report to their ... treatment method for the patients with kidney failure, it replaces ... fluid from the patient,s blood and thus the treatment helps ... and chloride in balance. Increasing number of ...
(Date:6/23/2016)... , June 23, 2016 Research ... MEMS Devices Medical Market Analysis 2016 - Forecast to 2022" ... The report contains up to date financial data ... analysis. Assessment of major trends with potential impact on the ... analysis of market segmentation which comprises of sub markets, regional ...
Breaking Medicine Technology:
(Date:6/25/2016)... ... June 25, 2016 , ... On Friday, June 10, Van Mitchell, ... at Work award to iHire in recognition of their exemplary accomplishments in worksite health ... annual Maryland Workplace Health & Wellness Symposium at the BWI Marriott in Linthicum Heights. ...
(Date:6/24/2016)... ... ... Those who have experienced traumatic events may suffer from a complex set ... drug or alcohol abuse, as a coping mechanism. To avoid this pain and suffering, ... traumatic event. , Trauma sufferers tend to feel a range of emotions, from depression, ...
(Date:6/24/2016)... ... 24, 2016 , ... The Pulmonary Hypertension Association (PHA) learned ... receive two significant new grants to support its work to advance research and ... by recognizing patients, medical professionals and scientists for their work in fighting pulmonary ...
(Date:6/24/2016)... ... ... Comfort Keepers® of San Diego, CA is excited to announce they are ... drive cancer patients to and from their cancer treatments. Comfort Keepers provides quality ... and ongoing independence. Getting to and from medical treatments is one of the ...
(Date:6/24/2016)... Georgia (PRWEB) , ... June 24, 2016 , ... ... awards today at the Clinical Decision Making in Emergency Medicine conference in Ponte ... have authored journal articles published in Emergency Medicine Practice and Pediatric ...
Breaking Medicine News(10 mins):