|Venture Round, 1/2010 ||$3M|
|Partial Close, 10/2010 ||$1.81M|
|Series C, 8/2011 |
Ellipse Technologies, Inc. is focused on developing its implantable remote control technology platforms to include innovative and state-of-the-art treatments for a broad spectrum of spinal and orthopedic deformity applications, orthopedic trauma and fracture management.
There initial products restore proper anatomic position and alignment of the spine and long-bones. MAGECâ„¢ MAGnetic Expansion Control System utilizes a novel motion-preserving, minimally-invasive technology that, through communication with an external magnetic field, can be non-invasively adjusted in an outpatient setting via remote control by the physician to correct spinal deformities. PRECICE System uses non-invasive adjustable intramedullary rods or bone plates to treat long-bone abnormalities (e.g., femur, tibia), often the result of acute or chronic fractures.
Ellipse is a privately-held medical device company located in Irvine, California.