OrthoAccel Technologies said it brought in $5 million in an equity offering.
The Houston-based company makes the AcceleDent device, which is designed to accelerate tooth movement using sonic technology.
The $5 million came from existing backers Healthpoint Capital and S3 Ventures, along with standing stockholders, according to a press release.
“We appreciate the confidence and support of our stockholders. We expect 2014 to be a year of significant growth as we continue to expand our market presence in the United States and other key markets. The additional financing will provide critical resources towards that objective,” president & CEO Michael Lowe said in prepared remarks.