Cylite
Latest round
- Series B
Last raised
- May 2019
Total raised
- $7.4M
Investors
- 6
About Cylite
Cylite is an innovative company focused on optical imaging solutions for ophthalmology, established in 2013 in Melbourne, Australia. The founders, Grant Frisken, Simon Ao, Steve Frisken, and Trevor Anderson, have collectively brought their expertise to create cutting-edge imaging technology.Cylite's core product offering revolves around its innovative HP-OCT™ technology, which is designed to enhance imaging capabilities in the field of ophthalmology. This technology enables high-resolution imaging of the eye’s microstructures, allowing for improved diagnosis and monitoring of ocular conditions. The primary end users of Cylite’s products include healthcare professionals such as ophthalmologists and optometrists, who utilize this advanced imaging system to provide better patient care. Additionally, Cylite’s solutions are targeted at research institutions and academic centers that focus on eye health and vision science.Cylite operates a revenue model that primarily includes direct sales of its HP-OCT™ imaging systems to healthcare providers and research institutions. The company engages in B2B transactions, establishing partnerships with hospitals and clinics, which integrate Cylite's technology into their ophthalmic services. Revenue is generated through these system sales, along with ongoing support and maintenance services offered to clients. It is understood that the transactions involve capital investments for the acquisition of the imaging systems, complemented by service agreements for ongoing technical support.In January 2025, Alcon Labs, Inc. Cylite plans to expand its product offerings and enhance its technology to meet increasing demands in the ophthalmology sector. The company is targeting further penetration into international markets, particularly in North America and Europe, to broaden its reach and customer base.
Who invested in Cylite
6 investors across 1 round
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Funding rounds
Series B
May 22, 2019
Amount
$7.4M
Investors
Questions about Cylite
Who invested in Cylite?
Cylite has 6 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Cylite raised?
Cylite has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Cylite last raise money?
Cylite's most recent round on record is a Series B, in May 2019.
What does Cylite do?
Cylite is an innovative company focused on optical imaging solutions for ophthalmology, established in 2013 in Melbourne, Australia.
Where is Cylite headquartered?
Cylite is headquartered in Melbourne, Australia.
Which VCs invest in companies like Cylite?
Among active investors with capital left to deploy, Blackbird, AirTree Ventures, Square Peg and Movac back medical devices & equipment companies at Cylite's stage. Their profiles are linked below.
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