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Spectral Image, Inc. Receives $5 Million Series A from GBP Capital
Greenwich, CT and Tampa, FL November 3, 2007, -- Spectral Image Inc., a privately held early stage medical device company focused on the development of imaging technology for biomedical use, today announced the completion of a $5 million Series A venture financing with GBP Capital. At this time, the company is in stealth mode and not disclosing the finer details of its technology.
“GBP Capital is extremely excited to be the sole investor in Spectral Image, Inc.,” remarked Douglas Lind, Managing Partner at GBP Capital, “and we look forward to advancing this technology to the point where we can provide more detail on the device. We are thrilled with the early stage prospects we have seen with the technology, and we are in the process of formulating our scientific advisory board which will be comprised of some of the major though leaders in our target market.
In conjunction with the financing, Dr. Douglas Lind and David Wetherell, managing partners at GBP Capital will be joining the Board of Directors of Spectral Image, Inc.
About Spectral Image, Inc.
Spectral Image, Inc. is a privately held, early stage medical device company focused on the development of imaging technology for biomedical use. The company is currently in stealth-mode and not disclosing the finer details of its technology until it secures necessary intellectual property rights. The company, founded in 2007, is headquartered in Tampa, Florida, and GBP Capital is the company's sole investor.
About GBP Capital
GBP Capital is a Greenwich, CT-based private equity firm focused on financing innovation in the life sciences. The firm was founded in early 2005 by David S. Wetherell, founder and former CEO of CMGI and innovator in the technology and Internet industries. GBP’s mission is to improve the human condition by investing its partner's capital in the most promising early- to mid-stage life science companies. For more information about GBP Capital please visit www.gbpcap.com.
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