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R2 Technology  Acquired by Hologic (2006 $ 220,000,000 )

1195 W. Fremont Avenue
Sunnyvale, CA 94087
Website Company Summary Management Team

Former outside board: Nancy D. Burrus (Suez Ventures);  Guy P. Nohra (Burr, Egan, Deleage & Co.)

Business description: R2 designs and develops proprietary signal processing neural network technology called ImageChecker® to assist radiologists by minimizing the possibility of false negative readings during the review of x-ray and other diagnostic imaging modalities. The ImageChecker® System, the first FDA approved Computer Aided Detection (CAD) System for breast imaging, assists radiologists during their review of screening mammograms by identifying areas on the mammogram that contain features associated with cancer that may warrant a second review.
Customers include: AmeriNet;  Baylor Health Care Systems;  Consorta ;  Duke University Hospital;  European Union Sponsored Breast Cancer Screen Trial;  IASO General Hospital;  Lakeland Regional Cancer Center;  Northside Hospital ;  Novation
Partners include: BroadlaneGE Medical SystemsHologicSiemensVital Images;  AmeriNet;  Chroma Medical Systems;  Mammography Reporting System;  PenRad;  Sectra;  University of Chicago

Rounds: 6
Recent Fundings:    Dec 2001
Capital raised: 76.0M
Ownership: Acquired by Hologic (2006 $ 220,000,000 )
Corporate investors: GE Capital

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Record updated: Apr 2006
Sector: Medical
Year Founded: 1993
Headcount: 101-150 as of Jan 2002
Rounds: 6
Recent Fundings:    Dec 2001
Capital Raised: 76.0M
Ownership: Acquired by Hologic (2006 $ 220,000,000 )