Orthopedics device company finds no dearth of angel capital money

Orthopedics medical device startup OrthoCor Medical is getting ready to hire at least two new sales and marketing people.

The money will come from a $3 million angel financing round the company hopes to close in May, said CEO John Dinusson. OrthoCor filed its intent to raise $3 million in a regulatory filing in June.

“We are flying high,” Dinusson said.

That’s likely not a surprise given the high-profile endorsement the company got regarding its Active Knee System, a knee brace.

Other than the Active Knee System, OrthoCor also makes heat wraps under the Alleva brand name. They are available for sale right from the company’s website.

The company is also focused on getting its cold wraps in the marketplace, which will be available this summer.