About DFine
DFine is a Healthcare company based in San Jose (United States) founded in 2004, and was acquired by Merit in July 2016. Minimally invasive devices for vertebral compression fractures are developed. DFine has raised $125.95 million across 8 funding rounds from investors including Merit Medical, Orbimed and Prospect Venture Partners. The company was acqui-hired. DFine offers products and services including Arcadia™ Balloon Catheter, StabiliT® MX, StabiliT® VP, Osseoflex® SB, and STAR™ Tumor Ablation System. Its focus areas include Life Sciences, Orthopedics, Medical Devices and Therapies. Its legal entity is MERIT MEDICAL SYSTEMS, INC. Its competitors include Nevro, ATEC Spine and Vertos Medical; 2 of its 3 listed competitors have raised funding.
Company details
DFine was founded in 2004 in San Jose, United States, where minimally invasive medical devices are developed for treating vertebral compression fractures and metastatic spinal tumors. The Radiofrequency-Targeted Vertebral Augmentation system is utilized for fracture treatment, while the STAR Tumor Ablation System supports palliative care in cancer patients. Operations are conducted in the medical device sector, with additional offices located in Mannheim, Germany.
- Total Equity Funding$125.95M (USD)
in 8 rounds
- Latest Funding Round$17.49M (USD), Series E
Dec 2013
- InvestorsMerit Medical
& 6 more
- Acquired byMerit
(Jul 2016)
Products & Services of DFine
DFine offers a comprehensive portfolio of products and services, including Arcadia™ Balloon Catheter, StabiliT® MX, StabiliT® VP, Osseoflex® SB, and STAR™ Tumor Ablation System.
Catheter for controlled cavity creation in vertebral procedures
System for delivering high-viscosity cement in fractures
Tool for controlled cement delivery in spine treatments
Device for creating cavities in vertebral compression fractures
System for targeted radiofrequency tumor destruction
Apps and channels of DFine
its YouTube channel Merit Medical has 16.4K subscribers and 30 videos.
Videos from DFine
The most watched videos on DFine's YouTube channel, Merit Medical (16.4K subscribers). Click a video to play it here.
More on Merit Medical.
Funding Insights of DFine
DFine has successfully raised a total of $125.95M across 8 strategic funding rounds. The most recent funding activity was a Series E round of $17.49 million completed in December 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $125.95M
- Total Rounds 8
- Last Round Series E — $17.49M
- First Round $249,999
(Jul 2005)
- Investors Count 6
All 8 funding rounds of DFine with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2013 | $17.49M | Series E | – | – | – |
| Oct 2011 | $14.98M | Series D | – | Orbimed, Prospect Venture Partners | – |
| Jul 2010 | $36.2M | Series D | – | Split Rock Partners, Orbimed | |
| Mar 2010 | $5.82M | Series C | – | Prospect Venture Partners, Vanguard Ventures | – |
| Jan 2009 | $34.78M | Series C | – | Vanguard Ventures, BB&T | |
| Feb 2007 | $9.39M | Series B | – | – | – |
| Jan 2006 | $7.03M | Series A | – | Prospect Venture Partners | – |
| Jul 2005 | $249,999 | Seed | – | – | – |
7 investors in total: 7 institutional.
Investors in DFine
DFine has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Merit Medical, Orbimed and Prospect Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made by OrbiMed in global healthcare innovations across biopharmaceuticals and related fields. | 1989 | orbimed.com | New York, United States | |
Investments are made in US life sciences and healthtech firms. | prospectventures.com | Palo Alto, United States | ||
US venture capital investments are made across all stages. | splitrock.com | Eden Prairie, United States | ||
| vanguardventures.com | ||||
Investment management services are offered by Highland Capital. | highlandcapital.com | |||
| bbt.com | ||||
Medical devices for cardiology and radiology procedures are manufactured. | 1987 | merit.com | South Jordan, United States |
Investor details for DFine
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of DFine
4 dated milestones of DFine across 12 years, from founding to its latest funding, stage changes and deals.
- Founded DFine is founded.
- Funding First funding round of $250K.
- Funding Latest funding round, Series E, of $17.5M.
- Exit Acquired by Merit.
Competitors of DFine
DFine has 3 listed competitors in our database, 2 of them funded. They include Nevro, ATEC Spine and Vertos Medical.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nevro.com | 2006 | Menlo Park, United States | $154.1M | 1,215 | Provider of high-frequency spinal cord stimulation implants | |
| atecspine.com | 1990 | San Diego, United States | 839 | Treatment solutions for spine disorders are developed. | ||
| vertosmed.com | 2005 | Aliso Viejo, United States | $177.75M | 140 | Minimally invasive treatments for lumbar spinal stenosis are developed. |
Detailed competitors of DFine
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of DFine
Websites that share an audience with DFine (dfineinc.com).
Websites whose visitors overlap most with DFine. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| nuvasive.com | 100% | 122.8K | #333,205 | View details | |
aqueductmedical.com | aqueductmedical.com | 96% | – | ||
| carefusion.com | 69% | 5.9K | #3,234,823 | View details |
Top companies in Orthopedics
3 companies that operate in the same segment as DFine (Orthopedics) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of high-frequency spinal cord stimulation implants | 2006 | Menlo Park, California, United States | USD 154.1 M | USD 353.08 M | 1,215 | |
Developer of therapies for the treatment of musculoskeletal disorders | 2007 | Woburn, Massachusetts, United States | USD 62 M | USD 85.55 M | 692 | |
Antibody-siRNA complexes are developed for cancer treatment. | 2012 | San Diego, California, United States | USD 142.54 M | USD 10.9 M | 391 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Dfine
Complete news archive for DFine
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about DFine
DFine was founded in 2004 and raised its 1st funding round 1 year after it was founded.
DFine is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
DFine is a funded company, having raised a total of $125.95M across 8 funding rounds to date. The company's 1st funding round was a Seed of $250K, raised on Jul 2005.
DFine was founded in 2004 in San Jose, United States, where minimally invasive medical devices are developed for treating vertebral compression fractures and metastatic spinal tumors. The Radiofrequency-Targeted Vertebral Augmentation system is utilized for fracture treatment, while the STAR Tumor Ablation System supports palliative care in cancer patients. Operations are conducted in the medical device sector, with additional offices located in Mannheim, Germany.
DFine's top competitors include Nevro, ATEC Spine and Vertos Medical.
DFine offers Arcadia™ Balloon Catheter, StabiliT® MX, StabiliT® VP, Osseoflex® SB, and STAR™ Tumor Ablation System.
DFine has 7 investors. Key investors include Merit Medical, Orbimed, Prospect Venture Partners, Split Rock Partners, and Vanguard Ventures.
DFine operates through Merit Medical Systems, Inc..
Yes. DFine was acquired by Merit in July 2016.

