Olea Medical Closes €4.2M Second Funding

Olea Medical, a La Ciotat, France-based provider of advanced medical imaging software, has closed a €4.2m second funding.

The round was led by INNOVACOM, with the participation of oringinal investor EMAL.

The company intends to use the capital to further accelerate its growth and international expansion.

Founded in July 2008 and led by Fayçal Djeridane, president and CEO, Olea Medical has developed a portfolio of innovative software applications for MR and CT imaging post-processing, including in emergency settings. The company’s patented technologies are compliant with the DICOM standard and are designed to help standardize both viewing and analysis capabilities of functional and dynamic imaging datasets acquired with MRI and CT across vendors.

Olea Medical has regional offices in Cambridge, MA.

FinSMEs

23/10/2012

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