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Exo, which develops an ultrasound device, has raised $220M in a Series C. The round drew participation from investors likeRA Capital Management, BlackRock, and Sands Capital, among others.

How’s the company performing?

• California-based Exo develops a handheld ultrasound device. Clinicians will be able to scan and diagnose images in real-time, rather than having to wait for the image to be processed and delivered.
• Exo’s workflow solution, Exo Works, is capable of streamlining exam review, billing, and documentation to integrate a medical imaging ecosystem for real-world application.

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The post This Blackrock-Backed Company Raised $220M For Its Handheld Ultrasound Device appeared first on CB Insights Research.