CardioInsight Technologies Obtains $6,000,000 Series B Funding Round

  • Feed Type
  • Date
    2/3/2010
  • Company Name
    CardioInsight Technologies
  • Mailing Address
    11000 Cedar Avenue Cleveland, OH 44106-3052
  • Company Description
    We are a medical device company in Cleveland, Ohio commercializing patented electrocardiographic imaging technology developed at Case Western Reserve University. Our technology noninvasively images electrical activity on the surface of the heart. Patented algorithms are used to combine body surface electrical data and chest CT scans to noninvasively generate maps of the electrical activity of the heart during each heart beat. Proof of concept has been demonstrated in animal studies and preliminary human studies. Our system provides much more information that electrocardiograms and is not invasive like electrophysiology (catheter) mapping. Our technology has wide application in the diagnosis of electrical abnormalities during various cardiac diseases and guiding appropriate therapy.
  • Website
    http://www.cardioinsight.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $6,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    This infusion of capital will accelerate commercialization of our transformative mapping technology, allowing doctors to more accurately, quickly and effectively diagnose and treat cardiac arrhythmias and congestive heart failure.
  • M&A Terms
  • Venture Investor
    Draper Triangle Ventures
  • Venture Investor
    Case Technology Ventures

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