Surgical Theater Raises $9M in Series A Financing

SurgicalTheater-logoSurgical Theater, a Cleveland, OH-based developer of virtual reality and image guidance software for healthcare, completed a $9M Series A round of financing.

The round was led by HTC Corporation (HTC) (TWSE 2498) and Shanghai Creation Investment Management Co, Ltd.

Led by Moty Avisar, CEO and Co-Founder, Surgical Theater provides virtual reality and image guidance software applications that allow Neurosurgeons to virtually walk inside the patient’s anatomy together with the patient, perform a ‘virtual exploration’ to see the inside of the brain close-up through the small craniotomy opening, explore perspectives of the pathology and vital structures of the brain.
Additionally, the software suite allows HIPAA-compliant peer to peer consultation in specific cases.
The company’s devices, which are FDA cleared and also obtained CE Mark in September this year, have been installed in research and teaching hospitals across the United States including University Hospitals Case Medical Center, University Hospitals Rainbow Babies and Children’s Hospital, The Ronald Reagan UCLA Medical Center, The Mount Sinai Hospital, Mayo Clinic, NYU Langone Medical Center, and others.



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