Anulex Technologies Raising $20 Million

Anulex Technologies Inc., a Minnetonka, Minn.-based maker of medical devices for spinal disk preservation and anular repair, has raised $18.26 million in a Series E funding round that could expand to $20 million. An undisclosed strategic investor was joined by Hatteras Late Stage VC Fund and return backers Affinity Capital, Delphi Ventures, MB Venture Partners, New Enterprise Associates, SightLine Partners and Split Rock Partners. The company previously raised more than $44 million, plus a $7 million "growth capital term loan" from Silicon Valley Bank.

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