OrthAlign, Inc. Completes $15M Round of Financing
CED member River Cities Capital Funds has added to its investment in OrthAlign, Inc as a co-lead on a $15 million preferred series capital raise. According to River cities, the growth capital will be used to launch the new hip product OrthAlign Plus®, increase OrthAlign’s sales and marketing activities, and continue OrthAlign’s international distributor expansion. River Cities and the other preferred series shareholders have the ability to provide additional working capital to fund future growth initiatives as strategic opportunities arise.
Read the full press release here.