Diagnosoft attracts $4M for MRI analysis software

Diagnosoft, a Palo Alto, Calif.-based company that makes software to analyze cardiovascular MRI images, brought in $4 million in second-round financing to increase visibility of several of its products. Some of the money will also be used to design productivity tools for physicians to increase accuracy.

Technology Development Fund, based in Cairo, Egypt, led the investment round.

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Camille was the lead writer for GreenBeat until August 2010. To reach VentureBeat's current writers, email tips@venturebeat.com.

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