Voxar strengthens presence in U.S. and Japan

Scottish medical imaging company Voxar is planning to raise $7.5 million to fund growth in the U.S. and Japan and is considering going public sometime in the next two years.

Voxar recently announced an agreement with Japanese distributor Kanagawa to handle its medical 3-D imaging software, Plug ’n View, which can be used on standard PC hardware. Voxar said it expects to generate around $3 million in revenue in Japan over the next three years.

Andrew Bissell, its CEO, founded the company in 1995 in Edinburgh. Voxar has about 40 employees with offices in the U.S., Asia Pacific, and Europe, and hopes to double that staff in the near future.