
LDR, a maker of innovative spinal implants, has raised $25M in Series C funding from Telegraph Hill Partners along with existing investors Austin Ventures, Rothschild Private Equity, and PTV Sciences. It appears to be a busy week for venture money! Everyone must have returned from summering in the Hamptons.
LDR has some incredibly innovative designs for both fusion and non-fusion applications, with even more great announcements in the pipeline. The picture above is of their Mobi-C artificial disc. The company is using the money to expand into new markets, and to continue creating new products. It was right about a year ago that the company raised a $14M series B round, and has obviously put that to good use. LDR is staking out a leadership position in innovative spinal products.