It’s not often that you hear that a startup that raised $80 million from well-known investors, is revenue generating and whose technology has been hailed by the Cleveland Clinic has shut down.
And yet that is the story of California startup Sonitus Medical.
It developed the SoundBite Hearing System system that it billed as the world’s first “removable bone conduction hearing device that transmits sound via the teeth.” FDA cleared the product for patients who suffer from one-sided deafness and conductive hearing loss in 2011.
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