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 | FDA

Oct.7, 2026 – MRI2CT Inc. has received FDA 510(k) clearance for NextMR, its AI powered imaging platform, for generating ...

Time October 07, 2026
arrow
News | Information Technology

October 6, 2026 – Clearsense has introduced a cloud-based medical image archive designed to reduce the cost of ...

Time October 07, 2026
arrow
News | PET-MRI

Sept. 29, 2026 —Yale New Haven Hospital has installed a state-of-the-art positron emission tomography/magnetic resonance ...

Time October 05, 2026
arrow
News | Pediatric Imaging

Sept. 29, 2026 — Visiana has announced that the U.S. Food and Drug Administration (FDA) has granted 510(k) clearance for ...

Time October 02, 2026
arrow
News | PET Imaging

Sept. 15, 2026 — Microstructure Imaging, Inc. (MICSI) has received FDA 510(k) clearance for MICSI-PET, a neurological ...

Time September 15, 2026
arrow
News | Radiology Imaging

Sept. 1, 2026 — Leo Cancer Care and GE HealthCare have announced that the two companies intend to work together on GE ...

Time September 11, 2026
arrow
News | Radiology Imaging

Aug. 13, 2026 — Epic's new Care Everywhere Diagnostic Image Exchange allows health systems using Epic to share ...

Time August 21, 2026
arrow
News | Cardiac Imaging

Aug. 20, 2026 – The novel, radiopaque, polymer-based embolic coil from Embolization, Inc. has now surpassed 125 implants ...

Time August 20, 2026
arrow
News | Digital Pathology

Aug.11, 2026 – Leica Biosystems has received multiple U.S. Food and Drug Administration (FDA) 510(k) clearances that ...

Time August 14, 2026
arrow
News | Radiology Business

Aug. 4, 2026 — Canon Medical Systems USA (CMSU) has appointed Tsuneo "Neo" Imai as president and chief executive officer ...

Time August 10, 2026
arrow
Subscribe Now