NEW YORK, NY, Paige, a global leader in AI-based digital diagnostics, today announced a Series C funding round of $100 million.
Paige today announced a Series C funding round of $100 million to accelerate the Company's efforts to transform digital pathology by unlocking insights from each patient's sample so pathologists, care teams and researchers can make decisions more confidently and efficiently to optimize outcomes.
The Series C financing was led by Casdin Capital and Johnson & Johnson Innovation - JJDC, Inc. (JJDC), the strategic venture capital arm of Johnson & Johnson. Existing investors and other funds are also participating in the round.
Paige was founded in 2017 by Thomas Fuchs, Dr.Sc. and colleagues from Memorial Sloan Kettering Cancer Center (MSK). The company builds computational pathology products designed so patients and their care teams can make effective, more informed treatment decisions. With this new class of AI-based technologies positioned to drive the future of diagnostics, Paige created a platform to deliver this novel technology to pathologists to transform their workflow and increase diagnostic confidence and productivity. Paige's products deliver insights to pathologists and oncologists so they can arrive efficiently at more precise diagnoses for patients. Paige is the first company to receive FDA breakthrough designation for computational pathology products.
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