EyeIC Receives $150K Follow-on Investment from BFTP/SEP

EyeIC, Inc., a West Conshohocken (Montgomery County), PA-based medical technology firm dedicated to commercializing imaging technologies for medical applications, has received a $150k follow-on investment from Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP).

Ben Franklin previously invested $575k.
Other backers in the company include Launch Capital and MentorTech Ventures.

Founded around patented technology developed by Dr. Jeffrey Berger at the University of Pennsylvania’s School of Medicine, EyeIC has developed MatchedFlicker, a new technology for monitoring the advent and progression of retinal disease and glaucoma through change detection in time series images.
Recently approved for patient use by the Food and Drug Administration, MatchedFlicker also has broader applications throughout medicine.

The company is led by President and CEO Philip Heifetz, and Technology Director Steve Bakanov, MS, Ph.D.

FinSMEs

16/01/2012

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