Reveal Imaging Technologies Inc. Obtains $20,300,000 New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=805da89b-d914-4595-94bf-fa575d92855f&Preview=1
Date
3/28/2008
Company Name
Reveal Imaging Technologies Inc.
Mailing Address
201 Burlington Rd Bedford, MA 01730
Company Description
MA, Reveal Imaging Technologies, Inc., has developed a new paradigm for government mandated explosives detection systems (EDS) for airport security.
Website
http://www.revealimaging.com/
Transaction Type
Debt, Venture Equity
Transaction Amount
$20,300,000
Transaction Round
Undisclosed
Proceeds Purposes
The new cash will help the company expand its offering of computed tomography (CT) scanners for airport security, as well as help the company push into new, nonaviation applications.
M&A Terms
Venture Investor
General Catalyst Partners
Venture Investor
Flybridge Capital Partners (AKA IDG Ventures Boston)
Venture Investor
Greylock Partners