Viz.ai Secures $40 Million From CIBC

<p><strong>SAN FRANCISCO<&sol;strong> &&num;8212&semi; CIBC Innovation Banking has provided &dollar;40 million in growth capital financing to Viz&period;ai&period; The funding will help expand the company’s AI-powered care coordination platform and potential acquisitions&period;<&sol;p>&NewLine;<p>Viz&period;ai uses artificial intelligence to expedite disease detection&comma; inform critical care decisions and help improve patient care&period; The Viz&period;ai AI-powered platform helps connect and activate entire care teams&comma; including radiologists&comma; emergency physicians&comma; and specialists to optimize care pathways and increase patient access to life-saving treatments&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Today&comma; Viz&period;ai serves a patient every 21 seconds across more than 1&comma;300 hospitals&period; With CIBC Innovation Banking’s investment&comma; we will evaluate strategic acquisition opportunities and reach and impact even more patients by expanding our end-to-end platform into new disease areas&comma;” said Lisa Garland&comma; VP of Finance&comma; Viz&period;ai&period;<&sol;p>&NewLine;<p>&&num;8220&semi;We are delighted to support Viz&period;ai through its rapid growth&comma;” said Jeff Chapman&comma; Head of North American Life Science and Healthcare&comma; CIBC Innovation Banking&period; &OpenCurlyDoubleQuote;The company’s transformation of disease detection and workflow optimization for healthcare systems has propelled them to become a leader in the industry&period; CIBC Innovation Banking is proud to be involved in Viz&period;ai’s exciting journey ahead&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Viz&period;ai is also backed by venture capital investors including Insight Partners&comma; Tiger Global&comma; Kleiner Perkins&comma; Google Ventures&comma; Scale Venture Partners&comma; and Greenoaks Capital Partners&period;<&sol;p>&NewLine;