DOBI gets more financing

AuntMinnie.com staff writers
Sep 25, 2000

Optical breast imaging developer DOBI Medical Systems has completed a second round of equity financing totaling $6 million. Sterling Financial Investment Group of Boca Raton, FL, acted as placement agent for the offering, which was led by Lake Worth Ventures of West Palm Beach, FL.

The new funding will be used for further design, engineering, and clinical testing of the Mahwah, NJ-based vendor’s Dynamic Optical Breast Imaging (DOBI) system, according to CEO Phillip Thomas.

By AuntMinnie.com staff writers
September 26, 2000

Related Reading

DOBI teams up with TRW, July 4, 2000

DOBI begins testing of breast imaging unit, March 15, 2000

Copyright © 2000 AuntMinnie.com

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