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Spine Wave in the Money
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Business New Haven
4/29/2002
By: Lisa Micali
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| STRATFORD - Spine Wave Inc., a developer of advanced materials, techniques and implant systems for spine surgery, has received $15.5 million in Series A financing from Baltimore-based New Enterprise Associates (NEA) and Canaan Partners. NEA and Canaan were joined in the investment syndicate by Windamere Venture Partners, California Technology Ventures, New Venture Partners, NeuroVentures Capital and Spring Ridge Ventures. The financing occurred simultaneously with the merger of VERTx Inc. into Spine Wave. Mark LoGuidice and John Pafford, former Sofamor Danek executives, founded the company in 2001 in conjunction with Protein Polymer Technologies Inc. and Windamere Venture Partners, a San Diego incubator.
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