VC-Backed Bust: HyperMed Files for Bankruptcy

HyperMed Inc., a Burlington, Mass.-based provider of medical hyperspectral imaging, has filed for Chapter 11 bankruptcy protection. The company’s website says that it has “ceased operations.” HyperMed raised $6.6 million in VC funding led by GBP Capital, plus a $2 million bridge loan from GBP.

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