Coravin, a developer of a new technology for tapping bottles of wine, has raised $11.5 million in a round of venture capital, according to a new filing by the company with the Securities and Exchange Commission. 106 separate investors participated in the offering.

Coravin has developed innovative, patented technology that allows wine lovers to enjoy a glass of their favorite wine anytime without removing the cork from the bottle. The remaining wine in the bottle stays fresh because the bottle was never opened.