VirtualScopics adds to coffers

AuntMinnie.com staff writers
Sep 17, 2007

Computerized image analysis developer VirtualScopics has completed a $4.35 million private placement of preferred stock and warrants with a group of institutional and other accredited investors.

The Rochester, NY-based firm said it intends to use the net proceeds from the offering to expand its sales and marketing efforts, as well as to help fund software and technology enhancements and ongoing operations.

By AuntMinnie.com staff writers
September 18, 2007

Related Reading

VirtualScopics launches new clinical trial software, May 21, 2007

VirtualScopics reports record contracts, January 8, 2007

VirtualScopics gets patent, November 30, 2006

VirtualScopics shows Q2 sales increase, August 10, 2006

VirtualScopics begins Nasdaq trading, May 31, 2006

Copyright © 2007 AuntMinnie.com

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