Lantos Nabs $4.1M, Adds New CEO

[Updated 8/29/11 6:40 pm. See below.] Cambridge, MA-based Lantos Technologies, an imaging technology startup, has brought in $4.1 million in a round of equity funding from 17 investors, according to an SEC filing. The funding was led by return Lantos investor Excel Venture Management and included previous backers Catalyst Health Ventures and Mass Medical Angels. The MIT spinout raised $1.6 million in Series A funding last fall, to put toward development of its device for 3D imaging and digital mapping of the human ear canal.

Lantos also announced that it has hired Jeffrey Leathe as its new CEO, and that its founding CEO Shahid Azim will become senior vice president of new market development, focusing on consumer applications of the Lantos technology. Leathe was previously CEO and chairman of Biocius Life Sciences, an instrument and contract research organization focused on drug discovery research and clinical diagnostic testing. [Story updated to include investors and CEO announcement.]

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.