NovaRay Obtains $5,900,000 New Financing

  • Feed Type
  • Date
    11/8/2009
  • Company Name
    NovaRay
  • Mailing Address
    39655 Eureka Drive Newark, CA 94560
  • Company Description
    NovaRay Medical, Inc. was founded in 2005 to develop and commercialize a revolutionary digital x-ray technology for medical imaging. The company acquired substantially all the assets, including the intellectual property, of NexRay, Inc., which had invested approximately $80 million in the development of a real-time, low-dose tomographic imaging system applicable for cardiac catheterization and a variety of clinical applications.
  • Website
    http://www.novaraymedical.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,900,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Undisclosed

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