Franklin & Seidelmann draws on $25M for “teleradiology”
Franklin & Seidelmann Subspecialty Radiology, a Cleveland startup focused on remote analysis of X-ray and other medical images, raised $25 million from Oak Investment Partners, a Westport, Conn., venture-capital firm.
Founded in 2001, Franklin & Seidelmann provides outsourced reading of X-rays, MRI scans and other medical images — services known generally as “teleradiology” — for a variety of medical specialties via a network of 30 subspecialty radiologists. The company said the proceeds will allow it to accelerate its spending on “technology infrastructure.”
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About the Author, David P. Hamilton
David Hamilton has been writing for VentureBeat LifeScience since April 2007. He formerly spent 14 years as a reporter for the Wall Street Journal in its San Francisco and Tokyo bureaus. Prior to that, he spent several years as a reporter at Science Magazine and as a reporter/researcher for the New Republic, both in Washington.