Thursday, March 6, 2008

Cayenne Cooks Up $15M

Scottsdale, Arizona-based Cayenne Medical, a firm focused on the sports medicine market, said today that it has closed on $15M in a Series C funding round. The funding was led by Investor Growth Capital, and also included SplitRock Partners, MB Venture Partners, and unnamed individuals. According to the company, the funding round brings the company's total raised to $32M. Stephen M. Campe of IGC has joined the firm's board as part of the funding. Cayenne develops a system used for ACL repair and reconstruction. More information »