Welcome!

News Feed Item

LeukoDx Inc. Closes $7M Financing Round; Appoints Seymour Liebman & Mark Chess to BOD

TOWSON, MD and JERUSALEM, ISRAEL -- (Marketwired) -- 06/16/14 -- LeukoDx Inc., the creator of the Accellix automated flow cytometry platform, today announced that it has secured $7 million in new financing from Axcel Partners, a US-based private equity group, and individual investors.

"We are grateful for this strong vote-of-confidence from both existing and new investors," commented Mr. Julien Meissonnier, LeukoDx's President and CEO. "Having secured this major cash infusion, we will now accelerate our plans to bring the Accellix platform and rapid sepsis test to market."

In parallel, the Company has appointed Mr. Mark Chess, a Managing Director for Infinity Equity, and Mr. Seymour Liebman, a senior executive officer of Canon Inc., to serve as members of the LeukoDx Board of Directors.

"I am excited to help bring LeukoDx's exceptional technology -- a solution for getting doctors life-and-death test results in minutes rather than days -- to a health industry that remains stuck on so many diagnostic fronts," commented Mr. Liebman. "I am confident that LeukoDx's solutions will help raise the standards bar for healthcare throughout the world."

"I am pleased to join the LeukoDx Board of Directors, a start-up whose visionary founders and seasoned management have already made impressive progress," stated Mr. Chess. "I look forward to helping the team go the distance, bringing its needed technologies to large and rapidly-growing markets."

Walter Drimer, Chairman of LeukoDx, added, "We are honored that both Mark Chess and Seymour Liebman have agreed to join our Board. Their outstanding international achievements and experience will be extremely valuable to us as we proceed with the launch of the Accellix platform and our first application, the Accellix Rapid Sepsis test."

About LeukoDx Inc.
LeukoDx's mission is to deliver cost-effective, highly sensitive and actionable diagnostic information at the point of care via a novel automated IVD flow cytometry platform. Founded in 2009, LeukoDx's technology is based on technology initially developed for NASA at CalTech. To date, the Company has developed a compact reader for single use test-specific cartridges, and an application for the rapid identification of sepsis, a condition associated with high morbidity and mortality with no existing rapid diagnostic test.

About Mr. Mark Chess
Mr. Mark Chess, a Managing Director for Infinity Equity, was actively involved in establishing the FBR Infinity II Fund in 2001 and the world's first foreign currency fund in China in 2005 (Infinity-CSVC). In 2007-2008, Mr. Chess helped create the strategy and lead the development of the Infinity I-China Fund, taking part in the activities that have made Infinity Equity one of China's most prolific foreign investors. Currently, Mr. Chess manages Infinity's strategic relationships with institutions in the U.S., including the Infinity-NSF portfolio.

About Mr. Seymour Liebman
Mr. Seymour Liebman serves as Executive Vice President, Chief Administrative Officer and General Counsel of Canon U.S.A., Inc., as Vice Chairman of Canon Business Solutions, Inc., and as a Senior Executive Officer of Canon Inc. in Japan. For the past 40 years, Mr. Seymour has held a variety of management positions at Canon U.S.A, Inc., and in 2009, became the first non-Japanese individual to be elected to the position of Executive Officer of Canon Inc. in Japan. Mr. Liebman is a Director and/or officer of several Canon subsidiaries and affiliates in the U.S. He is also a Board member of Zygo Corporation, a company in the process of being acquired by Ametek, Inc. Mr. Liebman is an attorney admitted to the Bar in New York, New Jersey and the District of Columbia and a C.P.A. He holds a B.A. in Mathematics from Hofstra University, an M.S. in Mathematics from Rutgers University, an M.S. in Accounting from Long Island University and a J.D. from Touro Law School.

Contact:
Julien Meissonnier
President and CEO
Tel: +972-2-674-4422
Email: Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buyers...
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
@DevOpsSummit has been named the ‘Top DevOps Influencer' by iTrend. iTrend processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @DevOpsSummit ranked as the number one ‘DevOps Influencer' followed by @CloudExpo at third, and @MicroservicesE at 24th.
Virtualization over the past years has become a key strategy for IT to acquire multi-tenancy, increase utilization, develop elasticity and improve security. And virtual machines (VMs) are quickly becoming a main vehicle for developing and deploying applications. The introduction of containers seems to be bringing another and perhaps overlapped solution for achieving the same above-mentioned benefits. Are a container and a virtual machine fundamentally the same or different? And how? Is one techn...
SYS-CON Events announced today that Infranics will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Since 2000, Infranics has developed SysMaster Suite, which is required for the stable and efficient management of ICT infrastructure. The ICT management solution developed and provided by Infranics continues to add intelligence to the ICT infrastructure through the IMC (Infra Management Cycle) based on mathemat...
Have you ever noticed how some IT people seem to lead successful, rewarding, and satisfying lives and careers, while others struggle? IT author and speaker Don Crawley uncovered the five principles that successful IT people use to build satisfying lives and careers and he shares them in this fast-paced, thought-provoking webinar. You'll learn the importance of striking a balance with technical skills and people skills, challenge your pre-existing ideas about IT customer service, and gain new in...