Dataconomy
  • News
    • Artificial Intelligence
    • Cybersecurity
    • DeFi & Blockchain
    • Finance
    • Gaming
    • Startups
    • Tech
  • Industry
  • Research
  • Resources
    • Articles
    • Guides
    • Case Studies
    • Glossary
    • Whitepapers
  • Newsletter
  • + More
    • Conversations
    • Events
    • About
      • About
      • Contact
      • Imprint
      • Legal & Privacy
      • Partner With Us
Subscribe
No Result
View All Result
  • AI
  • Tech
  • Cybersecurity
  • Finance
  • DeFi & Blockchain
  • Startups
  • Gaming
Dataconomy
  • News
    • Artificial Intelligence
    • Cybersecurity
    • DeFi & Blockchain
    • Finance
    • Gaming
    • Startups
    • Tech
  • Industry
  • Research
  • Resources
    • Articles
    • Guides
    • Case Studies
    • Glossary
    • Whitepapers
  • Newsletter
  • + More
    • Conversations
    • Events
    • About
      • About
      • Contact
      • Imprint
      • Legal & Privacy
      • Partner With Us
Subscribe
No Result
View All Result
Dataconomy
No Result
View All Result

Enlitic – Healthcare and Big Data Amalgam – Picks up $2M in Seed Fund to Propel Diagnostics Innovation

byEileen McNulty
October 29, 2014
in Healthcare, News

Enlitic, a San Francisco-based startup that is tapping Big Data to innovate in Medical Diagnostics, has landed $2 million seed round at VentureBeat’s HealthBeat conference on Monday. The round was led by Amplify with participation from Data Collective.

Utilizing machine learning to carry out accurate medical diagnostics faster, the young firm, started in August, wants to provide the tools that allow physicians to fully utilize the vast stores of medical data collected today, regardless of what form they are in – such as medical images, doctors’ notes, and structured lab tests to glean patterns and subtle insights which might have a positive impact . To this end the firm is building on state-of-the-art deep learning algorithms and partnering with top research hospitals and medical device manufacturers.

The company has established partnerships with hospitals in Brazil, China, India, and the U.S., developing alliances with hardware makers and teleradiology clinics as well, explained founder and CEO, Jeremy Howard. Enlitic has come across enormous archives of radiology images that can serve as a starting point, reports VentureBeat.

Stay Ahead of the Curve!

Don't miss out on the latest insights, trends, and analysis in the world of data, technology, and startups. Subscribe to our newsletter and get exclusive content delivered straight to your inbox.

“Nobody knows what to do with those archives,” Mr. Howard said. “They’re just sitting there, costing money. This is just seen as a big opportunity. It’s like, ‘Oh, this is what we were saving this up for!’”

Employing five people, the startup has a lot on its agenda. As Mr. Howard points out, pairing its convolutional neural networks with an algorithm based on the popular Random Forests algorithm will make its system capable of handling complex medical images. “Deep learning generally isn’t enough,” Mr. Howard added. They’re also looking into constructing an “imaging analytics toolbox” to enable development of image algorithm prototypes in one or two days.

Read more here.

(Image credit: Enlitic)

Tags: enliticFundinghealthcareWeekly Newsletter

Related Posts

Reddit sues Perplexity over alleged large-scale data scraping

Reddit sues Perplexity over alleged large-scale data scraping

October 23, 2025
Google’s Live Threat Detection is reportedly coming to more Android phones

Google’s Live Threat Detection is reportedly coming to more Android phones

October 23, 2025
The ChatGPT Atlas browser is already facing its first security exploit

The ChatGPT Atlas browser is already facing its first security exploit

October 23, 2025
The Willow chip marks a new milestone in Google’s quantum race

The Willow chip marks a new milestone in Google’s quantum race

October 23, 2025
HBO Max finally lets you tell the algorithm what you actually think

HBO Max finally lets you tell the algorithm what you actually think

October 23, 2025
The Lomo MC-A is a film camera with USB-C charging capability

The Lomo MC-A is a film camera with USB-C charging capability

October 23, 2025
Please login to join discussion

LATEST NEWS

Reddit sues Perplexity over alleged large-scale data scraping

Google’s Live Threat Detection is reportedly coming to more Android phones

The ChatGPT Atlas browser is already facing its first security exploit

The Willow chip marks a new milestone in Google’s quantum race

HBO Max finally lets you tell the algorithm what you actually think

The Lomo MC-A is a film camera with USB-C charging capability

Dataconomy

COPYRIGHT © DATACONOMY MEDIA GMBH, ALL RIGHTS RESERVED.

  • About
  • Imprint
  • Contact
  • Legal & Privacy

Follow Us

  • News
    • Artificial Intelligence
    • Cybersecurity
    • DeFi & Blockchain
    • Finance
    • Gaming
    • Startups
    • Tech
  • Industry
  • Research
  • Resources
    • Articles
    • Guides
    • Case Studies
    • Glossary
    • Whitepapers
  • Newsletter
  • + More
    • Conversations
    • Events
    • About
      • About
      • Contact
      • Imprint
      • Legal & Privacy
      • Partner With Us
No Result
View All Result
Subscribe

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy.