Precision Image Analysis disclosed in an SEC filing, launching a $1 million non-brokered equity financing round. The placement is structured to close in April 2015 should the fundraising target not be reached. The company didn’t report selling securities thus far. Until this disclosure Precision Image Analysis had raised an estimated $600,000 in unregistered securities via one previous financing round.
The company developed and markets a cloud-based medical images post processing solution for doctors. It allows doctors to load, via a HIPAA (Health Insurance Portability and Accountability Act) compliant system, medical images used in diagnostic medical studies, including computed tomography (CT) and magnetic resonance imaging (MRI). The company’s trained analysts then review and deliver a comprehensive summary report and images with a standard turn around time within 24 hours, or less as needed.
Mary-Pierre Waiss (CEO and President) leads the Kirkland WA based company which was registered in 2012. Precision Image Analysis elected to keep its revenues undisclosed.
The board of directors includes Caitlin Cameron, James Canfield, Keith Marton and Scott Flamm.
Company: Precision Image Analysis
Industry: Other Health Care
Amount offered: $1 million
Data as of: 04-23-2014