Tuesday, September 7, 2010

Amedica Snags $30M

Salt Lake City-based Amedica said Monday that it has raised $30M in a financing effort. According to the firm, the funding included $15M in private equity, and $15M in debt. The debt came from Zions First National Bank, and the placement agent on the private equity came from Creation Capital. According to the company, the funding will go towards expansion, mergers, acquisitions, and sales and marketing. Amedica is a developer of spine and total joint implants. More information »