StatRad, a San Diego, CA-based developer of services medical image management technology for quality teleradiology, raised $13m in equity funding.
A strategic institutional partner made the investment.
The company intends to use the funds to accelerate development of technology, growth in teleradiology services and its RadConnect® cloud-based image sharing solution.
Led by Chief Executive Officer Vishal Verma, M.D., StatRad provides software to ingest, view, share and store medical images in the cloud, which facilitates a global image exchange accessible by patients, physicians and healthcare networks. The company offers its software as a service (SaaS) and as a web scale platform (PaaS), which can assist a multitude of healthcare companies, such as image analysis and medical device businesses, with the ability to efficiently incorporate medical images into their software solutions.