DICOM Grid secures $7.5M for imaging management

Healthcare IT company DICOM Grid has received $7.5 million in funding from a syndicate led by healthcare investor Canaan Partners with participation from healthcare venture capital firm CHL Medical Partners and private investors for market expansion and the development of medical imaging management technology.

The investment will develop DICOM Grid’s cloud-based platform for medical imaging management, which will eliminate care delays and duplicate imaging studies, according to the Phoenix-based company.

Stephen Bloch, MD, a general partner at Canaan Partners; Myles Greenberg, MD, a general partner at CHL Medical Partners and Steven Yecies, CEO at Chronic Health Capital, have joined DICOM Grid's board of directors, as part of  the Series A financing investment, the company added.

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