ONI Medical Systems secures $13M for MRI machines

Wilmington, Mass.-based ONI Medical Systems, a developer of new magnetic-resonance imaging systems, raised $12.5 million in a third funding round. Ziegler Meditech Equity Partners led the round, joined by private-equity firms Galen Partners and Ivy Capital Partners.

ONI makes “anatomy-specific” MRI systems designed to scan particular parts of the body, such as the legs or arms. Traditional MRIs are huge hollow tubes that scan the patient’s entire body, an experience that requires the individual to lie perfectly still and which can induce claustrophobia.

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About the Author,

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.

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