GoldenGolden
Butterfly Network

Butterfly Network

Butterfly Network is a company developing and designing a medical imaging device for real-time and three-dimensional or 3D imaging and treatment.

Butterfly Network operates in industries such as electronics, healthcare, medical devices, personal health, and software. The company was founded in 2011 by Jonathan Rothberg, Nevada Sanchez, and Tyler Ralston in Guilford, Connecticut, United States.

The company has developed their Ultrasound-on-Chip technology that is meant to replace the Piezo crystal transducer systems of older ultrasonography equipment with a single silicon chip. They also offer their app which features nineteen presets and familiar touch interactions. Presets on the app can be set for examines such as cardiac, abdomen, bladder, aorta, gallbladder, lung, musculoskeletal, and more. There are three modes available for use including B-mode, M-mode, and color doppler. Gain and depth can be measured and recorded via the app, as well as measurements.

Data that is used through the Butterfly iQ app is AES 256-bit encrypted, and can be stored and encrypted in the Butterfly Cloud as well. Transit from the Butterfly iQ app to the Butterfly Cloud is protected by HTTPS, TLS 1.2 encryption. SOC II certification must be used in order to access your user data.

COVID-19

In conjunction with Atrium Health, Butterfly Network has provided a portable ultrasound device to assist in the screening and monitoring processes involved with COVID-19. Atrium Health has provided the point-of-care ultrasound (POCUS) device, and Butterfly Network is producing it. The device is called the Butterfly iQ, and it is the first portable, single-probe, whole-body ultrasound device. It connects to a smartphone or tablet via the app, which allows for exam room or home visit examinations.

Butterfly iQ devices allow doctors to screen and monitor COVID-19 patients by providing an immediate picture of the patient's lungs. The device can be used to provide various scans to collect data on where the disease has effect on patients. The devices are active at over thirty 'high-priority' locations, such as COVID-19 testing centers, emergency departments, and intensive care units. The use of the portable device allows for patients to avoid spreading infection through a hospital due to the need of an X-ray or CT scan.

Timeline

February 12, 2021
Longview Acquisition Corp. Stockholders Approve Business Combination with Butterfly Network, Inc.

Longview Acquisition Corp. (NYSE:LGVW.U, LGVW, LGVW WS) , a special purpose acquisition company sponsored by an affiliate of Glenview Capital Management, LLC, announced today that its stockholders voted to approve the proposed business combination with Butterfly Network, Inc. with nearly 100% of the shares of Longview voted at the Special Meeting in favor of the business combination proposal.

November 24, 2020
Butterfly Network announces it is going public through a $1.5 billion acquisition deal backed by the hedge fund Glenview Capital Management.

May 12, 2020
Atrium Health and Butterfly Network releases the Butterfly iQ as a new point-of-care ultrasound device.
September 27, 2018
Butterfly Network raises a $250,000,000 series D round from Bill & Melinda Gates Foundation, Fidelity Ventures and Fosun Pharma.
November 2, 2014
Butterfly Network raises a $100,000,000 venture round from Aeris Capital and Jonathan Rothberg.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Butterfly Network Series D round
250,000,000
September 27, 2018
3 Results
Results per page:
Page 1 of 1

People

Name
Role
LinkedIn

Jonathan M. Rothberg

Co-Founder

Alex Rothberg

Employee

Alexander Leffell

Employee

Ben Rosenbluth

Employee

Catherine Gallo

Employee

Christophe Meyer

Employee

Mariya Gorodnichenko

Employee

Matthew de Jonge

Employee

Nevada Sanchez

Co-Founder

Owen Kaye-Kauderer

Employee

Sarah Noe

Employee

Sebastian Schaetz

Employee

Stephanie Fielding

Employee

Susan Alie

Employee

Todd M. Fruchterman

Employee

Tomer Gafner

Employee

Tyler S. Ralston

Co-Founder

Vineet Shah

Employee

Further reading

Title
Author
Link
Type
Date

Butterfly Network - Crunchbase Company Profile & Funding

Web

COVID-19 lung ultrasound imaging: fighting together

Web

One probe, whole-body imaging | Butterfly iQ

Web

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

Butterfly Network

Jonathan M. Rothberg

Guilford, Connecticut, United States

Ultrasonography medical devices

News

Title
Author
Date
Publisher
Description
Andrea Park
March 30, 2021
FierceBiotech
Wrap a major acquisition? Check. Go public? Check. Bring on a slew of experienced executives and directors, including a new CEO? Check. Next up for Butterfly Network: Expand, expand, expand.
Butterfly Network
February 16, 2021
www.prnewswire.com:443
/PRNewswire/ -- Butterfly Network, Inc. ("Butterfly" or the "Company") (NYSE: BFLY), an innovative digital health company that is working to democratize medical...
Longview Acquisition Corp.
February 12, 2021
www.prnewswire.com:443
/PRNewswire/ -- Longview Acquisition Corp. (NYSE: LGVW.U, LGVW, LGVW WS) , a special purpose acquisition company sponsored by an affiliate of Glenview Capital...
Butterfly Network
January 11, 2021
www.prnewswire.com:443
/PRNewswire/ -- Butterfly Network, Inc., an innovative digital health company that is working to enable universal access to superior medical imaging, will...
Conor Hale
November 24, 2020
FierceBiotech
Hand-held ultrasound developer Butterfly Network is going public through a $1.5 billion acquisition deal backed by the hedge fund Glenview Capital Management.
Blake Dodge
November 23, 2020
Business Insider
These digital health companies are poised to become the next Amwell or Livongo and make their stock-market debuts, according to Rock Health.
WeissLaw LLP
November 21, 2020
www.prnewswire.com:443
/PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Longview Acquisition...
Butterfly Network
November 20, 2020
www.prnewswire.com:443
- Butterfly Network's mission is to enable universal access to superior medical imaging, making high quality ultrasound affordable, easy-to-use, globally...
Lina Zeldovich
June 11, 2020
Scientific American
Scientific American is the essential guide to the most awe-inspiring advances in science and technology, explaining how they change our understanding of the world and shape our lives.

References

Golden logo
Text is available under the Creative Commons Attribution-ShareAlike 4.0; additional terms apply. By using this site, you agree to our Terms & Conditions.