Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Harris & Harris Group and EchoPixel Announce EchoPixel's Completion of its $2.35 Million Series Seed Financing

Abstract:
Harris & Harris Group, Inc. (NASDAQ: TINY), an investor in transformative companies enabled by disruptive science, and EchoPixel, Inc., a developer of next-generation medical imaging solutions and a Fogarty Institute for Innovation company, announce the completion of EchoPixel's $2.35 million Series Seed financing to drive the company's growth in data visualization, machine learning and big data. Harris & Harris Group co-led the round of financing with Aurus Ventures of Chile.

Harris & Harris Group and EchoPixel Announce EchoPixel's Completion of its $2.35 Million Series Seed Financing

New York, NY | Posted on November 4th, 2013

"The True 3D technology of EchoPixel provides holographic virtual body parts from a patient's CT or MRI that enable health care professionals to overcome the weakness of present offerings based on 2D technology in diagnostics, surgical planning and image guided treatment," said Ron Schilling, CEO of EchoPixel. "Working with luminary centers to develop new protocols, based on True 3D, has demonstrated significant improvement in both clinical efficacy and workflow," according to Sergio Aguirre, founder and CTO of EchoPixel.

EchoPixel's proprietary software enabled the company to establish relationships with an impressive list of luminary centers such as UCSF, Stanford, and the Cleveland Clinic. "In discussions with several of the doctors, it became clear that many of the pain points that they are experiencing in their work may be overcome with True 3D-related technology," noted Alexei Andreev, Managing Director of Harris & Harris Group.

"Watching Sergio work side by side with the doctors to establish a clinical/technical tie convinced me that EchoPixel was creating the future," said Alex Seelenberger, Managing Partner at Aurus Ventures.

"EchoPixel is another example of Harris & Harris Group's BIOLOGY+ investment focus," said Douglas Jamison, CEO of Harris & Harris Group. "In the case of EchoPixel, biology is intersecting with computer science, mathematics and physics to enhance the clinical utility of medical imaging through advances in data visualization and machine learning."

About EchoPixel

EchoPixel is a start-up company focused on the $2.5 billion, 3D Medical Visualization Market for workstations, thin-clients and software for diagnostic, surgical planning and image-guided treatment applications. EchoPixel's proprietary and highly unique technology has already demonstrated the capability to drive a paradigm shift in the marketplace. Detailed information about EchoPixel can be found on its website at www.EchoPixeltech.com.

####

About Harris & Harris Group, Inc.
Harris & Harris Group, Inc. (NASDAQ: TINY) is an investor in transformative companies enabled by disruptive science. Detailed information about Harris & Harris Group and its holdings can be found on its website at www.HHVC.com and on Facebook at www.facebook.com/harrisharrisvc.

About Aurus Ventures

Aurus Ventures is a leading venture investment firm in Spanish-speaking Latin America. Through its Technology and Life Sciences Funds, Aurus leverages its robust network and experience to invest in high- performance entrepreneurial teams that exhibit global vision and are able to execute their value propositions in large attractive markets. Detailed information about Aurus Ventures can be found on its website at www.Aurus.com.

About The Fogarty Institute for Innovation

Located on the campus of El Camino Hospital in Mountain View, California, the Fogarty Institute for Innovation is a non-profit 501(c)3 organization that serves to energize the process of medical technology innovation. Its educational activities involve teaching the skills and methodology necessary for medical innovators to translate their ideas into new patient therapies. Detailed information about the Fogarty Institute for Innovation can be found on its website at www.fogartyinstitute.org.

This press release may contain statements of a forward-looking nature relating to future events. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. These statements reflect Harris & Harris Group's current beliefs, and a number of important factors could cause actual results to differ materially from those expressed in this press release. Please see the Harris & Harris Group's Annual Report on Form 10-K for the fiscal year ended December 31, 2012, as well as subsequent filings, filed with the Securities and Exchange Commission for a more detailed discussion of the risks and uncertainties associated with Harris & Harris Group's business, including, but not limited to, the risks and uncertainties associated with venture capital investing and other significant factors that could affect Harris & Harris Group's actual results. Except as otherwise required by Federal securities laws, Harris & Harris Group undertakes no obligation to update or revise these forward-looking statements to reflect new events or uncertainties. The references to the websites www.HHVC.com, www.Facebook.com, www.EchoPixeltech.com, www.Aurus.com and www.fogartyinstitute.org have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Harris & Harris Group is not responsible for the contents of third party websites.

For more information, please click here

Copyright © Harris & Harris Group, Inc.

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Traffic jam in empty space: New success for Konstanz physicists in studying the quantum vacuum January 22nd, 2017

A big nano boost for solar cells: Kyoto University and Osaka Gas effort doubles current efficiencies January 21st, 2017

Explaining how 2-D materials break at the atomic level January 20th, 2017

New research helps to meet the challenges of nanotechnology: Research helps to make the most of nanoscale catalytic effects for nanotechnology January 20th, 2017

Imaging

Chemists Cook up New Nanomaterial and Imaging Method: Nanomaterials can store all kinds of things, including energy, drugs and other cargo January 19th, 2017

Distinguishing truth under the surface: electrostatic or mechanic December 31st, 2016

Nanoscale 'conversations' create complex, multi-layered structures: New technique leverages controlled interactions across surfaces to create self-assembled materials with unprecedented complexity December 22nd, 2016

Safe and inexpensive hydrogen production as a future energy source: Osaka University researchers develop efficient 'green' hydrogen production system that operates at room temperature in air December 21st, 2016

VC/Funding/Angel financing/Loans/Leases/Crowdfunding

Harris & Harris Group Issues Reminder for Shareholder Update Call on January 10, 2017 January 10th, 2017

Announcements

Traffic jam in empty space: New success for Konstanz physicists in studying the quantum vacuum January 22nd, 2017

A big nano boost for solar cells: Kyoto University and Osaka Gas effort doubles current efficiencies January 21st, 2017

A toolkit for transformable materials: How to design materials with reprogrammable shape and function January 20th, 2017

New research helps to meet the challenges of nanotechnology: Research helps to make the most of nanoscale catalytic effects for nanotechnology January 20th, 2017

Tools

Chemists Cook up New Nanomaterial and Imaging Method: Nanomaterials can store all kinds of things, including energy, drugs and other cargo January 19th, 2017

Nanometrics to Announce Fourth Quarter and Full Year Financial Results on February 7, 2017 January 19th, 2017

Distinguishing truth under the surface: electrostatic or mechanic December 31st, 2016

Nanomechanics Inc. Continues Growth in Revenue and Market Penetration: Leading nanoindentation company reports continued growth in revenues and distribution channels on national and international scales December 27th, 2016

NanoNews-Digest
The latest news from around the world, FREE




  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project