BURL Concepts Closes $3 Million B Round to Bring Innovative SONAS Portable Stroke Detection Device to the Global Market

San Diego, CA - October 4, 2016 - BURL Concepts, Inc., the innovative medical device start-up that created the SONAS portable ultrasound device for pre-hospital stroke detection, today announced a $3 Million Series B funding round led by Acquipharma with participation from multiple high net-worth individuals. The latest round brings the company’s total money raised to $7.5 million and will be used to support product development and sales efforts as the SONAS device leaves the testing phase and prepares to enter an initial set of clinical trials. Dr. Thilo Hoelscher, MD and Dr. Jim Brailean, PhD founded BURL Concepts, Inc. in order to bring a portable and affordable pre-hospital stroke detection solution to millions of at-risk people worldwide. The SONAS device was invented by Dr. Hoelscher, a board-certified neurologist who previously served as a professor at the University of California, San Diego where he founded the UCSD Brain Ultrasound Research Laboratory. The addition of Dr. Brailean, a successful entrepreneur and investor who founded the pioneering digital video technology company PacketVideo, Inc. and has a PhD in Electrical Engineering, specializing in signal processing, offered exactly the expertise needed to develop, market and distribute this life-saving device. “We are very excited to have the support of a savvy and dedicated group of investors who share our passion for improving access to prehospital stroke-detection technology that has the potential to help...
Source: JEMS Patient Care - Category: Emergency Medicine Tags: Equipment & Gear Industry News Patient Care Source Type: news