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BroadSpot Imaging completes $7.5 million in Series A funding

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BroadSpot Imaging has secured $7.5 million in Series A funding to develop its suite of low-cost, high-efficiency imaging devices and software services, according to a press release.

Phoenix Venture Partners led the financing, joined by Camino Real Capital Partners, the release said.

“We are extremely pleased to have the support of Phoenix Venture Partners. Their partners bring more than capital, offering strategic and operational advice as well as value chain connections helpful in fostering BroadSpot’s organizational progress through product development to commercial success,” Bart Bandy, CEO of BroadSpot, said in the release.

In addition, Zachariah Jonasson, PhD, managing general partner of Phoenix Venture Partners, will join BroadSpot’s board of directors.