Article: Globus Medical Raises $110 Million in Series E Financing Round.

New Capital To Fund Continued Rapid Growth and Innovation

AUDUBON, Pa., Aug. 23 /PRNewswire/ -- Globus Medical, Inc., the largest privately-held spinal implant manufacturer in the world, today announced the closing of a $110 million series E financing round. Clarus Ventures, LLC led the round and was joined by AIG SunAmerica and other large, institutional private equity funds. Banc of America Securities, LLC acted as sole placement agent.

The Series E financing will be used to fuel Globus Medical's rapid growth and fund clinical trials associated with multiple innovative technologies under development. The company's product development engine has ...

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