Tuesday, August 27, 2013

LDR Medical Files For IPO

Austin-based LDR Medical, which develops spine surgery technology, has filed for an IPO, saying in a regulatory filing that it is looking to raise up to $69M in an IPO offering. The firm's IPO is being underwritten by Piper Jaffray, William Blair, Bryan, Garnier & Co., Cowen and Company, JMP Securities, and Stephens Inc. The company is venture backed by Austin Ventures, Telegraph Hill Partners, PTV Sciences, and others.