Monday, March 14, 2016 5:40:00 AM PDT | VentureDeal
Bellaire, Texas -- Medical technology company OrthoAccel Technologies has landed $5 million in new equity venture capital funding, according to an SEC regulatory filing.
OrthoAccel has developed the AcceleDent Aura, a hands-free device that uses micro-pulses to enable faster bone remodeling and teeth movement. Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds. A total of 11 investors participated in the offering. CEO Mike Lowe has been with the firm since February 2007 and was previously in marketing at Philips Oral Healthcare (Sonicare).
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