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Definiens Raises $12.9M in Private Financing

NEW YORK (GenomeWeb News) – Definiens today said that it has raised €10 million ($12.9 million) in a private round of financing.

The Munich, Germany-based firm said that it would use the proceeds for commercial expansion of its current business and to develop and commercialize clinical digital pathology products. Its image analysis and data mining tools are used for quantitative digital pathology in life sciences research and for tissue-based diagnostic biomarker development.

The round of financing was led by Gilde Healthcare Partners and included existing investors TVM, Cipio, and members of Definiens' management team.