August 7, 2018

CI leads $5M funding round for AI healthcare startup

PHOTO | Steve Laschever
PHOTO | Steve Laschever
Connecticut Innovations Chief Investment Officer Dave Wurzer, left, and Chief Executive Officer Matthew McCooe, right.

An Israel-based artificial intelligence healthcare startup said it's raised $5 million in a funding round led by quasi-public Connecticut Innovations.

DiA Imaging Analysis, which develops automation tools for ultrasound scanners, on Tuesday said it closed its latest funding round with support from CI, California venture capital firm Defta Healthcare and the Israeli Innovation Authority.

DiA expects to use the funding to expand its AI and imaging analysis devices, portfolio and workforce in the U.S., Europe and Asia.

The startup said its tools use machine learning algorithms to enhance patient monitoring and health outcomes.

DiA says it is currently working with GE Healthcare, Google Cloud and Neusoft Medical Systems, among others, to apply its AI tools to ultrasound scanners, IT systems and cloud platforms.

"The medical imaging analysis market is expanding rapidly, while the need for automation is increasing," DiA CEO Hila Goldman Aslan said.

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