News | Advanced Visualization | April 07, 2016

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. announced 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 | Computed Tomography (CT)

April 17, 2025 — NANO-X IMAGING LTD has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for ...

Time April 18, 2025
arrow
News | PACS

April 3, 2025 – Konica Minolta Healthcare Americas, Inc. has launched the next-generation of the Exa Platform with the ...

Time April 15, 2025
arrow
News | Pediatric Imaging

April 10, 2025 — Cincinnati Children’s and GE HealthCare will form a strategic research program focused on driving ...

Time April 10, 2025
arrow
News | Radiology Imaging

Jan. 15, 2025 — University of California, San Francisco (UCSF) Department of Radiology & Biomedical Imaging and GE ...

Time January 27, 2025
arrow
News | Contrast Media

Jan. 10, 2025 – Bayer has announced positive topline results of the Phase III QUANTI studies evaluating the efficacy and ...

Time January 14, 2025
arrow
News | Enterprise Imaging

Nov. 13, 2024 – Konica Minolta Healthcare Americas, Inc.has launched Exa Enterprise, an enterprise imaging solution with ...

Time November 14, 2024
arrow
News | Women's Health

Aug. 19, 2024 — GE HealthCare recently announced a collaboration with the University of California San Diego School of ...

Time August 29, 2024
arrow
News | Radiology Business

July 25, 2024 — Immunis, Inc., a clinical-stage biotech developing groundbreaking secretome therapeutics for age and ...

Time July 25, 2024
arrow
News | RSNA

July 23, 2024 — Professional registration is open for RSNA 2024, the world’s largest radiology forum. This year’s theme ...

Time July 23, 2024
arrow
News | Artificial Intelligence

July 23, 2024 — Researchers at the National Institutes of Health (NIH) found that an artificial intelligence (AI) model ...

Time July 23, 2024
arrow
Subscribe Now