Spine

DiFusion gets $5.2M of planned $16M funding

Medical device maker DiFusion Inc. has received $5.2 million of a planned $16 million financing.

The Georgetown-based company collected the capital from 54 investors, according to a Friday filing with the U.S. Securities and Exchange Commission    .

DiFusion, which was founded in 2008, is working on a new product designed to prevent postoperative infections.

In May 2011, the company, which had been based in Austin, signed a multi-year lease with the The Texas Life-Science Collaboration Center in Georgetown. The TLCC, about 30 minutes north of Austin, is a nonprofit accelerator that provides mentoring and other incubation services geared toward life sciences, as well as biotech infrastructure such as wet labs. The complex was built through a collaboration with local universities and colleges and with input from health care organizations.

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Josh Sandberg

Josh Sandberg is the President of Ortho Sales Partners and Partner for The De Angelis Group. He also serves as Co-Founder and Editor of OrthoSpineNews.

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