OrthoAccel Technologies Inc., a Houston-based medical device company, recently raised $5 million in equity as part of an $8.5 million round to help it fuel its rapid growth well into 2015.
The round includes $3.5 million in debt. New York-based Healthpoint Capital LLC and Austin-based S3 Ventures provided the $5 million.
From 2012 to 2013, OrthoAccel grew around 175 percent, and last year, it saw 80 percent growth — growth that will continue to hold pace, said Mike Lowe, CEO and founder. The company also grew more than 300 percent in 2012, Lowe told the HBJ in 2013.
Help employers find you! Check out all the jobs and post your resume.
