Locke Lord LLP advised C4 Imaging on the deal.
C4 Imaging LLC, an early-stage medical device company, has completed its latest round of financing, which included a significant institutional component. Institutional investment was led by Stoneworth Financial, LLC, a Houston based investment banking group.
Proceeds will be used for growth capital, targeted at accelerating clinical adoption of C4 Imaging’s portfolio of FDA cleared products developed around its unique encapsulated positive-signal MRI technology. In addition, funds will be used to complete the development of a new generation of medical devices designed to improve MRI utilization in the breast biopsy market.
C4 Imaging develops medical devices that enable clinicians to more accurately perform image- guided procedures.
The Locke Lord team was led by Mitch Tiras (Picture) and Kenton Wilson.
Law Firms: Locke Lord;
Clients: C4 Imaging;