Confirma raises $17.5M in financing, adds to board

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Confirma, an application-specific computer-aided detection for MRI company, has raised $17.5 million in a Series C round led by Telegraph Hill Partners.

Fluke Venture Partners joined the round along with returning investors Northwest Venture Associates, Prism Ventureworks and Versant Ventures.

Tom Raffin, MD, and Jeff Calhoun from Telegraph Hill will join Confirma’s board of directors, as will Denny Weston from Fluke Ventures. The investment will be used to fund its operations and new product development with continued emphasis on customer satisfaction, according to the Bellevue, Wash.-based Confirma.