VC-Backed Bust: HyperMed, Inc. Files for Bankruptcy
pehub.com -- 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.