MOFFETT FIELD, Calif.--(BUSINESS WIRE)--Sept. 14, 2006--Tibion Corporation, a leader in the development of active orthotic devices based on bionic technologies, announced today the initial closing of $3.5M Series A financing. Tibion plans to use the investment capital to accelerate development activities of its bionic devices, notably the PowerKnee. The round was led by Claremont Creek Ventures with participation from Saratoga Ventures.
