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Medical device startup SI-BONE raised $21 million for back-pain treatment
Silicon Valley Business Journal

Medical device company SI-BONE raised $21 million in growth capital financing on Tuesday to treat lower-back pain. In addition, the company named a new chief financial officer: former Auxogyn executive Laura Francis. New investor Redline Capital Management led the round, with participation from all existing major investors, including OrbiMed Advisors, Montreux Equity Partners, Skyline Ventures and Novo A/S. The company has raised $61.1 million to date.