Caption Health raises $53M

AuntMinnie.com staff writers
Jul 15, 2020
2016 09 14 15 25 23 643 Dollar Sign 400

Artificial intelligence (AI) software developer Caption Health has raised $53 million in funding it plans to use to further develop its AI-guided ultrasound technology.

The company's Caption AI platform has been cleared by the U.S. Food and Drug Administration (FDA). In light of the ongoing COVID-19 pandemic, Caption Health will accelerate its commercial development of the platform, which allows healthcare providers without specialized training to perform ultrasound and produce diagnostic-quality images, according to the firm.

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Images depict a 43-year-old woman with a malignant non-mass lesion that was diagnosed as microinvasive ductal carcinoma. (A) Transverse and (B) longitudinal ultrasound images show a hypoechoic non-mass lesion (solid arrows) with segmental distribution in the left breast. The lesion has associated calcifications (dashed arrows in A). (C) Longitudinal color Doppler ultrasound image shows high vascularity. (D) Magnified image in the mediolateral oblique view from screening mammography shows grouped calcifications (arrows), which are considered a mammographic correlate of the ultrasound-detected non-mass lesion (A radiopaque marker attached to the skin is visible in the image because the mammographic exam was performed after screening breast ultrasound). Ultrasound-guided core needle biopsy and pathologic examination revealed ductal carcinoma in situ, but the lesion was upgraded to microinvasive ductal carcinoma at subsequent surgery (2.5-cm ductal carcinoma in situ, histologic grade II, estrogen receptor-positive, progesterone receptor-positive, human epidermal growth factor receptor type 2-negative).
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