News and Announcements

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NICO Corporation Hits $20 million in Capital Raised to Push Final Frontier in Neurosurgery

Indianapolis-based medical device maker NICO Corporation has reached the $20 million mark in funds raised since 2008, recently adding $6.5 million from existing shareholders and Board members.

ABT Bags $6 Mil

ABT Molecular Imaging, a medical imaging company, has raised $6 million from River Cities Capital (which led the round), Mountain Group Capital, and Intersouth Partners. Rik Vandevenne of River Cities will join the company’s board.

Tornier to Acquire OrthoHelix Surgical Designs

Acquisition is expected to more than double Tornier’s lower extremity revenue. The transaction will bring innovative technologies, high growth, and strong margins.

ERT Acquires invivodata

ERT acquires invivodata to establish the industry’s most experienced provider of clinical outcome assessment solutions.

KnowledgeTree Takes a Few Mill to Bring Businesses Better Document Tools

KnowledgeTree, a company that does business-specific cloud-based document management, has just taken a $4.75 million round of funding from a collection of East Coast and international VCs.

River Cities Capital Funds Sells Galaxy Associates to DuBois Chemicals

River Cities Capital Funds sells Galaxy Associates, Inc. to DuBois Chemicals, Inc., a portfolio company of The Riverside Company.

Venture Capital Giants Make Inroads in Nashville

Norwest Venture Partners and Sandbox Industries are sponsors of Nashville Capital Network.

Univa Customer Growth Accelerates By 600%

Record sales powers company into 2012.

Simbionix PROcedure Rehearsal Studio Featured on Grey’s Anatomy & Private Practice

Simbionix technology was central to the storyline on the episodes of the crossover medical event of these two shows. The team needed to perform a cerebral shunt within 90 seconds.

New Minimally Invasive Brain Tumor Removal Tool Introduced to Neurosurgeons

NICO Corporation introduces the new 11 gauge NICO Myriad.

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