NinePoint Medical reported a funding round worth $30.7 million as it seeks to expand the commercial footprint for its NvisionVLE imaging system.
The equity round, which began Nov. 12, involved 3 unnamed investors, according to a regulatory filing. Bedford, Mass.-based NinePoint hopes to raise a total of $40.7 million, according to the filing.
NinePoint’s NvisionLVE system is designed to provide high-resolution endoscopic images of organs and tissues. The system can provide cross-sectional, volumetric views of organs, including tissues below the surface, according to the company.
Last year NinePoint raised a $34 million Series B round, led by Corning Inc. (NYSE:GLW), along with founding investors Third Rock Ventures and Prospect Venture Partners.
Nearly a year ago, NinePoint tapped Chris von Jako, the former CEO of NeuroTherm, to be its new CEO. Von Jako declined to comment to MassDevice.com about the funding.
The post NinePoint Medical raises $30.7m for NvisionVLE imaging system appeared first on MassDevice.
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