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Vertos Medical Raises $15.5M

Aliso Viejo-based Vertos Medical, a developer of medical devices for treating lumbar spinal stenosis, announced this morning that it has raised $15.5M in a Series D funding. The round was led by new investor ONSET Ventures, with participation from prior investors CHL Medical Partners, Foundation Medical Partners, Aweida Venture Partners and DFJ Mercury. Vertos said the new funding will go towards continued commercialization of its product. More information »