HealthMyne, a fast-growing Madison start-up that that provides analytics for medical images in cancer care, has raised $6.9 million of investments, according to a filing with federal securities regulators.
The company, which lists among its co-founders the medical physicist who developed the technology behind TomoTherapy Inc., will use the proceeds for research and development and general corporate purposes, the filing said. There were 23 investors participating in the deal, it said.
The investment puts the amount of funding the three-year-old company has raised over $10 million. HealthMyne most recently raised $4.5 million in March 2015.
HealthMyne operates in the emerging field of quantitative imaging decision support software, which treats medical images not just as pictures but as rich deposits of data that provide large amounts of information for decoding cancer tumors.
The company’s software is being tested at the University of Wisconsin Hospital and Clinics and Moffitt Cancer Center, Tampa, Fla.
Read more at the Milwaukee Journal Sentinel.