Reveal Imaging Technologies Inc. Obtains $20,300,000 New Funding Round

  • Feed Type
  • Date
    3/28/2008
  • Company Name
    Reveal Imaging Technologies Inc.
  • Mailing Address
    201 Burlington Rd Bedford, MA 01730
  • Company Description
    MA, Reveal Imaging Technologies, Inc., has developed a new paradigm for government mandated explosives detection systems (EDS) for airport security.
  • Website
    http://www.revealimaging.com/
  • Transaction Type
    Debt, Venture Equity
  • Transaction Amount
    $20,300,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The new cash will help the company expand its offering of computed tomography (CT) scanners for airport security, as well as help the company push into new, nonaviation applications.
  • M&A Terms
  • Venture Investor
    General Catalyst Partners
  • Venture Investor
    Flybridge Capital Partners (AKA IDG Ventures Boston)
  • Venture Investor
    Greylock Partners