The ultrasound system developer's Edwards Lifesciences-backed series B round will fund product development and commercial growth.
Caption Health, a US-based provider of intelligent ultrasound diagnostics technology, completed a $53m series B round featuring medical device maker Edwards Lifesciences yesterday.
The round was led by DCVC (also known as Data Collective) and also backed by fellow venture capital firm Khosla Ventures and growth equity fund Atlantic Bridge.
Founded in 2013 as Bay Labs, Caption is developing a medical imaging system that uses artificial intelligence to help care providers obtain clear diagnostic images through ultrasound without extensive training.
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