Long River Ventures' portfolio company Convergent Dental raises $8 million
Dental laser company featured in Boston Globe
Amherst, MA – April 18, 2014 – Four months after bringing the Solea laser to market, Convergent Dental has raised $8 million in additional venture capital, led by Long River Ventures. This brings total investments in the company to $21.5 million since Long River led the seed round three years ago.
A Boston Globe article by business reporter Callum Borchers was published on Wednesday highlighting the company's success. To read the original article, follow this LINK. The article features dentist and patient testimonials about the company's ground breaking dental laser.
Will Cowen, Managing Director at Long River Ventures said that "Long River is proud to have incubated Convergent Dental and supported its rapid growth over the past three years. It represents just the sort of game-changing medical company that exemplifies Boston."
Convergent Dental is a privately managed dental equipment and technology company and developer of Solea, the world’s first computer-aided, CO2 laser system to ever be cleared by the FDA for both hard and soft tissue indications. Solea cuts significantly quieter, finer and faster than any other laser-based system in dentistry. Solea’s speed and precision is a result of patented technologies and computer system controls that are unique to Convergent Dental. For more information visit www.convergentdental.com.
About Long River Ventures
Long River invests in early growth stage IT and healthcare companies throughout the Northeast. Formed by a group of experienced entrepreneurs and venture capitalists, Long River is designed and structured to invest smaller amounts of capital with typical initial investments of $500,000 to $1 million. Long River has offices in Amherst and Boston and is currently investing from its third fund. For more information, visit the Long River Ventures website.