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MAKO Surgical Closes $30 Million Series C

Thursday, February 8, 2007 6:00:00 AM PDT | VentureDeal Staff

FORT LAUDERDALE, FL -- MAKO Surgical Corp. announced the closing of its series C round of financing, netting $30 million in new investment funds.

Investors included Ziegler Meditech Equity Partners and existing investors The Exxel Group, MDS Capital Corp., Aperture Venture Partners, Ivy Healthcare Capital and Sycamore Ventures.

The company is developing "advanced solutions for least invasive knee surgery."  The company's product is a precise guidance system that allows surgeons to minimize collateral damage during surgery.  Funding proceeds will be used to expand sales and marketing as well as continue product development.

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