LDR Raises $25M Round C

Ldrmobic
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.

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About Bryan Menell

Bryan is the Managing Editor for AustinStartup and the Director of the Collaboratory at Dachis Group. He is a co-founder of Capital Factory, on the board of Texchange, and runs the popular Austin Tech Happy Hour with his wife. He advises early stage technology companies including Socialware, SpeedMenu, and AudiencePoint.

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