Announced
Completed
Financials
Tags
Domestic
AI diagnostic system
Private Equity
Acquisition
Private
Friendly
Software
Minority
Completed
Venture Capital
digital diagnostics
United States
Synopsis
8VC, a venture capital firm, led a $33m funding round in IDx, a designer and developer of health care software. The round had participation from investors Optum Ventures, Alpha Edison and Heritage Provider Network. "We received numerous requests from the investment community to participate in this financing round. We carefully selected our co-investors because of the strategic value they provide to the company. We expect this investment to accelerate the adoption of IDx-DR, a unique and much-needed solution for the 30 million people with diabetes in the US alone who need to be tested for diabetic retinopathy each year," Stefan D. Abrams, IDx Vice Chairman.
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