Houston medical device company raises millions as CEO departs

January 12, 2017

Bellaire-based OrthoAccel Technologies Inc. announced Jan. 11 it has raised $15 million in a second Series C funding round, and that its president and CEO will step down from the company.

The Jan. 11 round is the second Series C funding the company has announced in the past year. In March 2016, the Houston Business Journal reported OrthoAccel raised $5 million as part of a larger $12 million Series C round. The two rounds both included financing from Austin-based S3 Ventures, New York-based HealthpointCapital…

Houston Biz Journal
Houston medical device company raises millions as CEO departs

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