lifeIMAGE, a Newton, Mass.-based network for exchanging medical imaging, closed a $17.5m round of financing.
The round was led by Cambia Health Solutions (Portland, Ore.) with participation from existing investors Cardinal Partners, Galen Partners, Long River Ventures, Mass Ventures, and Partners Innovation Fund.
The company intends to use the funds to expand resources for its customer base, increase the network capabilities and implement go-to-market initiatives.
Led by Hamid Tabatabaie, CEO and co-founder, lifeIMAGE provides a medical image exchange platform deployed at hundreds of healthcare organizations to facilitate the e-sharing of medical imaging information among hospitals, radiology groups, physicians and patients.
The network consists of more than 120 multi-site health systems that include academic medical centers, pediatric facilities, certified trauma centers, oncology centers of excellence and imaging providers.