Sonoma gets series B boost:
This article was originally published in Clinica
Executive Summary
Sonoma Orthopedic Products has received additional funding in an oversubscribed series B round, the North Bay Business Journal has reported. The Santa Rosa, California start-up, which designs minimally-invasive implants for bone repair, is operating in stealth mode and has not disclosed the amount raised, although it revealed that the lead investor in this new round was MedVenture Associates, of Emeryville, California. Existing shareholders EDF Ventures, Asset Management Company and the Halo Fund also participated in the financing. The company's products are expected to receive FDA approval this year.