Life Image Obtains $5,200,000 Series B Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2e716bba-2deb-4e3b-9208-0170aa1f3d37&Preview=1 -
Date
9/2/2010 -
Company Name
Life Image -
Mailing Address
One Gateway Center Newton, MA 02458 -
Company Description
Life Image, Inc. is a venture-backed startup company developing Web-based applications and services that help eliminate the problems associated with lack of access to patients’ medical-imaging history.The founders of the company are veterans of this industry. Hamid is a serial entrepreneur who has spent 12 years of his 25-year healthcare IT career operating start-up companies in the diagnostic-imaging market. Most recently, he was the CEO of AMICAS, a pioneering web-based PACS company. -
Website
http://www.lifeimage.com -
Transaction Type
Venture Equity -
Transaction Amount
$5,200,000 -
Transaction Round
Series B -
Proceeds Purposes
The company will use the proceeds to finance increased sales, marketing and product development efforts. -
M&A Terms
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Venture Investor
Cardinal Partners -
Venture Investor
Long River Ventures -
Venture Investor
Massachusetts Technology Development Corp. -
Venture Investor
Partners Innovation Fund
