Massachusetts - based medical diagnosis start - up PathAI has secured $ 60 m in a series B funding round led by growth equity company General Atlantic . The latest capital will help the firm to develop its machine learning and AI - based tools , which aid in the capture and analysis of pathology images . Sign up for to start your week with VB's top funding stories. By offering faster , cheaper and safer sub - typing of diseases like breast cancer , it plans to carve out a market share in the health care cloud computing sector , which is set to be worth $ 35bn . The new finance followed an earlier $ 11 m series A funding round , and brings its total venture capital raised to $ 75 m .
Massachusetts - based medical diagnosis start - up PathAI has secured $ 60 m in a series B funding round led by growth equity company General Atlantic . The latest capital will help the firm to develop its machine learning and AI - based tools , which aid in the capture and analysis of pathology images . By offering faster , cheaper and safer sub - typing of diseases like breast cancer , it plans to carve out a market share in the health care cloud computing sector , which is set to be worth $ 35bn . The new finance followed an earlier $ 11 m series A funding round , and brings its total venture capital raised to $ 75 m .