Canada-based medical image database Figure 1 has closed a $10m series B round featuring Samsung Next, a subsidiary of electronics producer Samsung, and insurance firm John Hancock/Manulife Financial.
Kensington Capital Partners led the round, which included fellow investment firm Hedgewood and venture capital firms Western Technology Investment, Union Square Ventures, Version One Ventures and Rho Canada Ventures.
Figure 1 has developed an online platform that enables medical professionals to view images of rare diseases and conditions. Users can also upload images to get feedback from each other.
The company raised $2m in seed funding in 2013 before adding $9m in a series A round featuring Union Square Ventures, Version One Ventures, Rho Canada Ventures and Allen & Company that closed in October 2015.