News | Advanced Visualization | April 07, 2016

Circle Cardiovascular Imaging Completes Substantial Financing Round

New financing plus global licensing and distribution agreement with GE Healthcare will expand commercial footprint of Circle’s cardiovascular post-processing software package

April 7, 2016 — Circle Cardiovascular Inc. the world-leading developer of innovative cardiac MR (CMR) and cardiac CT (CCT) post-processing software announces the completion of a substantial financing round with participation from existing investors including BDC Capital and new investors, The Accelerate Fund and Epic Capital Management Inc.

Circle plans to use the proceeds of this financing to build on its cardiac magnetic resonance (CMR) and cardiac computed tomography (CCT) post-processing software platform and expand its commercial footprint.

The company also recently signed a Global Licensing and Distribution Agreement with GE Healthcare.

“Circle Cardiovascular is an example of a Canadian tech company that identified a need, built a strong core team with relevant experience, and executed well,” said Martin Vetter, general partner and director of the Accelerate Fund. “We’re pleased to join BDC Capital, Epic Capital, many existing investors, and now GE Healthcare, in support of Circle’s goals to improve cardiac care and patient outcomes.”

The cmr42 cardiovascular post-processing software package contains a set of comprehensive, easy-to-use modules for viewing and analyzing cardiac MR images for both standalone and enterprise server configurations. Over 600 sites in 35 countries are already interpreting hundreds of thousands of cardiac exams annually using Circle’s software to increase diagnostic speed and accuracy, reduce cost and improve patient care. 

For more information: www.circlecvi.com


Related Content

News | Advanced Visualization

May 12, 2020 — Medis acquired Advanced Medical Imaging Development S.r.l. (AMID), a developer and supplier specialized ...

Home May 12, 2020
Home
Videos | Advanced Visualization

An example of Siemens' photo-realistic Cinematic image reconstruction. This image is from a CTA exam from a Siemens ...

Home August 09, 2019
Home
Technology | Advanced Visualization

June 13, 2019 — Three-dimensional (3-D) printing software and solutions company Materialise has received U.S. Food and ...

Home June 13, 2019
Home
News | Advanced Visualization

April 4, 2019 — Increasing demand for innovative diagnostic techniques, neurological disorders and increasing disease ...

Home April 04, 2019
Home
News | Advanced Visualization

March 18, 2019 – DrChrono Inc. and 3D4Medical have teamed up so practices across the United States can access 3-D ...

Home March 18, 2019
Home
Videos | Advanced Visualization

Augmented reality (AR) and virtual reality (VR) are starting to be adopted for physician training, patient education ...

Home March 05, 2019
Home
Technology | Advanced Visualization

February 27, 2019 — Philips announced the launch of IntelliSpace Portal 11, the latest release of the company’s ...

Home February 27, 2019
Home
News | Advanced Visualization

February 25, 2019 — Philips will unveil a new mixed reality concept developed together with Microsoft that the company ...

Home February 25, 2019
Home
Technology | Advanced Visualization

February 14, 2019 — Medical imaging and visualization company Medivis officially unveiled SurgicalAR, its augmented ...

Home February 14, 2019
Home
Videos | Advanced Visualization

This is an example of the FDA-cleared OpenSight augmented reality (AR) system for surgical planning from NovaRad at the ...

Home December 12, 2018
Home
Subscribe Now