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LDR Gets $9.7 Million of a Planned $15 Million



5/9/2012 8:40:29 AM

Austin Business Journal by Christopher Calnan, Staff Writer

Medical device maker LDR Holding Corp. has received $9.7 million of a planned $15 million financing.

The Austin-based company collected the capital from seven investors, according to a Wednesday filing with the U.S. Securities and Exchange Commission.

LDR Holding, which was founded in 2000, employs 200 workers, including 52 in Austin. The company also operates offices in France, Germany, China, Korea, and Brazil.

In April, it received Food and Drug Administration clearance to market a new spinal implant product, called ROI-C Lordotic Cervical Cage. The company also named industry veteran Robert McNamara as its chief financial officer.




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