Lantos Closes Series A

MIT imaging spinout Lantos Technologies announced today that is has closed a $1.6 million Series A round of funding, led by Catalyst Health Ventures and joined by Excel Venture Management and Mass Medical Angels. Ryan wrote about part of the funding earlier this summer, but a filing with the SEC this week shows that Lantos has completed the first round financing. The money will go to developing a beta version of its device for 3D imaging and digital mapping of the human ear canal, which could better enable the design of custom-fit audio devices such as hearing aids and headphones.

Author: Erin Kutz

Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.