Spine

Zyga Technology sells $2 million in securities as part of a $5 million offering.

December 10, 2014 by Val Kennedy

Zyga Technology sells $2 million in securities as part of a $5 million offering.

Zyga Technology said it raised $2 million in an equity-and-options round it hopes will eventually bring in $5 million.

Four unnamed investors participated in the round, according to a regulatory filing.

Based in Minnetonka, Minn., Zyga develops minimally invasive surgical products for the treatment of lumbar spinal conditions.

In December 2013, Zyga reported raising $10 million in a funding round involving 5 undisclosed investors.

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Josh Sandberg

Josh Sandberg is the President and CEO of Ortho Spine Partners and sits on several company and industry related Boards. He also is the Creator and Editor of OrthoSpineNews.

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