lifeIMAGE Secures $5M Investment


What does lifeImage do?

lifeImage, is a medical image exchange platform. It offers a multi purpose, HIPAA compliant, and SaaS based platform for the on demand medical imaging info exchange. This company offers a solution for accessing and sharing patient imaging information for patients, healthcare institutions and physicians. The company offers a universal imaging inbox- Local Appliance, for e-sharing of diagnostic imaging info, including reports and images, and provides physician groups and hospitals with a tool to view, store and share the contents of incoming patient CDs throughout a healthcare experience.

How much lifeImage was funded?

lifeImage raised $5M in Series D on September 24, 2015 from Blue Cross Blue Shield of Massachusetts, Cardinal Partners, Cambia Health Solutions, Long River Ventures and Galen Partners

Previous funding

  • $11.8M in Series B on January 10, 2011 from Cardinal Partners(Lead) Partner: Thomas G. McKinley
  • $17.5M in Venture round on May 28, 2015 from Cambia Health Solutions(Lead), Galen Partners, Cardinal Partners, Long River Ventures, Partners Innovation Fund and MassVentures Partner: Walter M. (Jerry) Bird
  • $2.6M in Venture round on February 9, 2015
  • $950.9k in Debt Financing on June 5, 2013
  • $35.6M in Series C on April 18, 2013 from Cardinal Partners and Galen Partners
  • $4M in Venture round on August 13, 2012
  • $8M in Venture round on December 8, 2011

What is net for lifeImage?

lifeImage has a new board observer, Steven J. Fox, the Vice President of Zaffre. He will help in identifying opportunities for connecting providers and patients in the BCBSMA network with their imaging studies.

More about lifeImage

lifeImage was founded in 2008 by Grady Gerade. It has its headquarters in Newton, MA.  The company is a network which provides interoperable medical image sharing network which helps the healthcare providers access to the imaging records of the patients, irrespective of the location of the exams and where they are stored.