SI-BONE Scores $16.0M

San Jose-based SI-BONE, which develops a minimally invasive surgical devices for treating the sacroiliac joint, said this morning that it has raised $16.0M in a financing round. The firm said the funds will go towards expansion of its clinical and commercial operations, and came from Montreux Eqiuty Partners, along with Skyline Ventures. The firm's devices are used for treating back pain. The company said John Savarese of Montreux joins the company's board as part of the funding. More information »