CLEVELAND, OH--(Marketwired - Oct 19, 2015) - Surgical Theater, LLC announced today it had completed its $9 Million Series A round of financing. This is the largest round for Surgical Theater and was led by HTC Corporation (HTC) (TWSE 2498) and Shanghai Creation Investment Management Co, Ltd.
"This additional funding is a vote of confidence in Surgical Theater's vision of enhancing the way surgeons interact and utilize medical imaging, now and in the future," stated Moty Avisar, Surgical Theater CEO and Co-Founder.
Surgical Theater is a leading Virtual Reality and Image Guidance software company for healthcare, and its software applications are providing a comprehensive solution that is transforming the way surgeons consult with patients, plan complex surgical procedures, and use medical imaging to navigate during surgery and post operative review with their peers.
During a typical neurosurgical consultation, medical images are used to explain the surgical procedure; now, with the Surgical Theater platform, neurosurgeons have the ability to virtually walk inside the patient's anatomy together with the patient, providing greater clarity and increased confidence. Pre-surgery planning is critical for minimally invasive and keyhole surgical techniques; the ability to perform a 'virtual exploration' to see the inside of the brain close-up through the small craniotomy opening allows surgeons to explore perspectives of the pathology and vital structures of the brain that cannot be viewed any other way, and "See What They Can't See" in normal surgical approaches.
"Surgical Theater's Virtual Reality and Image Guidance also extends into the operating room, coupled with intra-operative navigation systems we are providing dynamic visualization capabilities in real time, allowing surgeons to perform a real-time 'fly through' of the surgical pathway, establish multiple views, rotate and interact with the navigation image. Additionally, the software suite allows HIPAA-compliant peer to peer consultation in specific cases," said Avisar.
"Virtual reality will forever transform the way we experience the world around us, and HTC Vive's unique 360 room-scale solution and tracking technology is enabling innovative applications of VR which will enrich every aspect of our lives," said Cher Wang, CEO of HTC. "Our collaboration with Surgical Theater is an exciting opportunity to pioneer the medical use of VR, with a remarkable application in the highly specialized field of neurosurgery that enhances patient care could help save lives."