AIT raises $2.5 million

Breast ultrasound developer Advanced Imaging Technologies (AIT) of Richland, WA, announced it has raised $2.5 million in series A private equity financing.

The financing will help accelerate AIT's product marketing and sales efforts for its Aria breast imaging system, the company said.

AIT's R&D efforts are directed toward enhancing the ultrasound system capabilities for creating a breast fingerprint to establish a baseline for yearly comparison of tissue structures using advanced image recognition technology. The company is also focused on identifying premalignant changes to normal tissue for improved diagnostic capabilities, AIT said.

By AuntMinnie.com staff writers
November 30, 2006

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