Quiet Colorado medical device startup JustRight Surgical has raised about $10.5 million 2 separate funding rounds, according to documents filed with the SEC.
JustRight Surgical, founded in 2010, develops surgical instruments to provide access to "confined and often delicate structures." The company’s product portfolio includes the JustRight Surgical Vessel Sealing System, the JustRight Generator JR100 and the JustRight Sealer JR-SE20.
The 1st round, opened May 15, 2012, and updated just last week, lists 46 unnamed investors who participating in a financing round just shy of closing at $6.5 million. JustRight is still looking for another $38,000 to close the round, according to filings.
The 2nd round, opened June 14, 2013, and also updated last week, was capped at $4 million from 43 unnamed investors, regulatory documents show.
Both fundings were raised through sales of debt; options, warrants or other right to acquire security; and securities to be exercised upon exercise of option, warrant or other right to acquire security. Neither offering was made in connection with another business transaction, according to the reports.
The company did not return requests for comment.