Medical device company OrthoAccel Technologies has announced that Michael K. Lowe will step down as CEO, and it has raised $15 million in new equity financing.
Lowe will be replaced on an interim basis by the company's chief financial officer, Kelly Enos, as the company seeks a new CEO.
The company also announced it has raised $15 million in a round of series C financing.
The Houston-based company makes AcceleDent, a hands-free, noninvasive device that uses SoftPulse technology to accelerate tooth and bone movement with 20 minutes of daily patient use.
.RbyOLNR6ps.png?crop=focalpoint&fit=crop&fp-x=0.5&fp-y=0.5&h=100&w=100&auto=format%2Ccompress&q=70)
.RbyOLNR6ps.png?crop=focalpoint&fit=crop&fp-x=0.5&fp-y=0.5&h=167&w=250&auto=format%2Ccompress&q=70)
