U-Systems Receives $10,000,000 Series F Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1c315d17-10e3-403b-b75c-07c6d29c21f1&Preview=1 -
Date
3/25/2010 -
Company Name
U-Systems -
Mailing Address
447 Indio Way Sunnyvale, CA 94085 -
Company Description
U-Systems, Inc., founded in Silicon Valley in 1997, designs, develops, manufactures and markets innovative ultrasound systems to assist the radiologist in the diagnosis of breast cancer. The company has developed a leadership position in advanced ultrasound breast imaging systems and has incorporated proprietary hardware and software technology in the Full Field Breast Ultrasound System. -
Website
http://www.u-sys.com -
Transaction Type
Venture Equity -
Transaction Amount
$10,000,000 -
Transaction Round
Series F -
Proceeds Purposes
This funding will enable us to complete our groundbreaking clinical trial, the SOMO·INSIGHT Clinical Study, designed to evaluate whether the somo•v™ Automated Breast Ultrasound System (ABUS) from U-Systems in combination with digital mammography is more sensitive to detecting breast lesions when compared to mammography alone in women with dense breasts. -
M&A Terms
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Venture Investor
iD SoftCapital Group -
Venture Investor
Sycamore Ventures -
Venture Investor
Lumira Capital -
Venture Investor
Radius Ventures
