U-Systems Raises $16.5M in Additional Venture Funding

SAN JOSE, Calif.--(BUSINESS WIRE)--U-Systems, Inc., the primary developer and leader in automated breast ultrasound systems, today announced the successful completion of a $16.5 million funding round led by Siemens Venture Capital. Other investors in this financing include existing U-Systems investors Sycamore Venture Capital, MDS Capital, Radius Ventures, Kinetic Capital and United Investments and new investors President International Development Corporation, iD Innovation, China Investment & Development Company and TSC Bioventures.