“There are a thousand different things you could do with this,” he says. “But running a startup company, I know the medical device industry. That’s our core market. But we’ll eventually move into others.”
Since being incorporated in 2005, the company has been capitalized out of the pockets of Sakezles, his friends and family. He currently has 16 part-time employees, a number he plans to double by year’s end.
“We haven’t raised any money since 2005,” he says. “But we’re in the process of running our first open round for anybody interested. That’s $500,000 to fund our expansion. We’re going into California and expanding into surgical simulation, big time. This round will finance development of a complete body—bones, arteries, ears, eyes and organs. If everything goes well, we should have that completed some time in the third quarter.”