IWalk lands $20M to develop robotic prosthetic ankle

[CC-Conrad Clyburn-MedForeSight]

Colleagues,

As reported in Mass High Tech ... Cambridge-based iWalk Inc. has received $20 million of a $21 million Series B round to fund development of a self-contained robotic prosthetic ankle, the company has confirmed.

The funding comes from Cambridge-based General Catalyst Partners and New York-based WFD Ventures LLC ... The company was founded in 2006 by MIT Media Lab professor Hugh Herr, a bilateral amputee himself...The company has licensed technology from MIT...The company said it will use the funds in new product development, hiring an engineering team...

Read on at: http://www.masshightech.com/stories/2009/08/24/daily39-IWalk-lands-...