Digital x-ray developer Imaging Dynamics has raised a total of $1.5 million (U.S.) through a previously announced equity issue. Canadian PACS firm ALI Technologies of Richmond, BC, was one of the participants in the round of financing, according to Calgary, Alberta-based Imaging Dynamics. The vendor said it will use the proceeds for sales and revenue growth, as well as manufacturing, filling existing orders for the Xplorer 1700 system, and general working capital.
By AuntMinnie.com staff writersJuly 24, 2001
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