IlluminOss Medical develops photodynamic orthopedic implants, principally the minimally invasive IlluminOss Photodynamic Bone Stabilization System. The system treats fractures through a small entry into the bone using a flexible balloon catheter that is placed across the fracture site and infused with a proprietary liquid monomer. The monomer expands the balloon to assist in alignment, and surgeons use a visible light source to convert the monomer into a hardened polymer implant. The company is led by Dr. Scott Rader, was founded in 2007 and is based in East Providence, RI. The article reports the company secured $28M in Series C venture capital financing. Funding coincided with investor representatives joining the company’s board of directors. IlluminOss Medical is described on its website as a device company "pioneering new frontiers in orthopedic surgery." The company is developing a minimally invasive system for treating bone fractures. Its public web presence is minimal and provides few additional details. In April 2008 the company raised $11 million in a second funding round. Backers named in the report included New Leaf Ventures and Foundation Medical Partners. The article notes a possible similarity to Sonoma Orthopedics Products' technology for treating fractures.

Total raised

$39M

Funding rounds

2

Latest round

Series C

Latest activity

Sep 2012