Aurora raises $10 million

AuntMinnie.com staff writers

May 9, 2006

Breast MRI technology developer Aurora Imaging Technology of North Andover, MA, said it has sold $10 million of Series C preferred stock to two equity funds managed by the Pharos Capital Group, a venture capital firm.

The firm said it will use the new capital to expand selling and marketing activities in the U.S. and internationally for its Aurora 1.5-tesla dedicated breast MRI system with its bilateral UltraRODEO (rotating delivery of excitation off-resonance) technique.

By AuntMinnie.com staff writers
May 10, 2006

Related Reading

Aurora installs breast MRI at Texas center, April 5, 2006

Aurora adds Dallas install, March 14, 2006

Aurora nets CE Mark, CMDCAS approval, January 25, 2006

Atlanta install for Aurora, January 12, 2006

Road to RSNA, Aurora Imaging Technology, November 10, 2005

Copyright © 2006 AuntMinnie.com

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