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Arterys secured $28 Million to expand on Medical AI delivery

Arterys secured $28 Million to expand on Medical AI delivery

Arterys

Arterys, a San-Francisco, California based global medical imaging platform for delivering the clinical AI products over the web, has now secured $28 million in Series C funding round.

Arterys is founded by the Axerio-Cilies. It offers an internet platform for medical imaging, which is a web-based Artificial Intelligence powered by an FDA.

Executive Opinion

Henry Weinstein, a Managing Partner at Benslie International Ltd, said, "The current crisis has shown us the necessity of a different approach to providing healthcare, where technology and AI are crucial for future success. Arterys is committed to transforming the way AI is integrated into the medical workflow, a promise that is long due in the industry. We recently launched our cloud platform and marketplace that will consolidate the work of thousands of AI models to be readily available for use by healthcare institutions around the globe."

John Axerio-Cilies, the co-founder, said, "We realize that we can't transform the healthcare system alone. No company can. And now, the same technology and strengths that we've leveraged to build our core products [Arterys Cardio AI and Arterys Lung AI] are now available to medical innovators at companies and universities around the world — they can benefit from regulatory support, channel partnerships, performance, security, and best-in-class hospital system integrations."

Arterys's Latest Funding

The Temasek Holdings and Benslie Investment Group led the latest funding round. Other investor participants include Fosun, Emergent Medical Partners, Varian Medical Systems, and Revelation Partners.

The company, as of now, has plans to use the new funds to expand its Arterys ecosystem. The company also intends to expand on partners on its Arterys Marketplace. 

Arterys will extend its proprietary technology platform to application partners to help them new clinical-grade AI applications to providers. Thus making it easier for clinicians to integrate AI into their workflows, notes the announcement.
PC: Pablo, Pixabay

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Udit Agarwal Opinions expressed by techsutram contributors are their own. More details

Udit Agarwal is a Digital Marketer and a Content Marketing Specialist, He enjoys technical as well as non-technical writing. His passion and urge for gaining new insights on gadgets, smartphones and technology has led him to Techsutram. He quenches his thirst for technology through his action oriented writing skills and a profound ability to stay up to date with latest industry trends.

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