Tuesday, April 7, 2015

Cerapedics Gets $4M In Term Loan

Westminster, Colorado-based Cerapedics, a developer of bone graft products, said today that it has raised $4M in a term loan from GE Capital. The company said the funding brings its total term loan facility to $16.5M, and comes on top of an additional, $4M in equity funding from its investors. The company said the funding goes towards advancing development of its products. Cerapedics is led by Glen Kashuba.