Butterfly Network Recognized as a Technology Pioneer by the World Economic Forum

GUILFORD, CT -- Butterfly Network was awarded as one of the World Economic Forum's (WEF) Technology Pioneers for 2015. The company is democratizing medical imaging and developing next-generation devices that enable non-invasive surgery. By integrating its novel imaging platform with deep learning and the cloud, Butterfly's devices create a virtuous cycle, learning as they image, and continually improving diagnosis and therapy.

Butterfly was chosen by a professional jury among hundreds of candidates as one of the 49 selected companies. Thanks to its selection, Butterfly will have access to the most influential and sought-after business and political network in the world, and be invited to the WEF's "Summer Davos" in Dalian, China, this September, or the Annual Meeting in Davos, Switzerland in January.

"We're glad to see an American company make it to the selection," said Fulvia Montresor, Head of Technology Pioneers at the WEF. "Butterfly is part of a group of entrepreneurs who are more aware of the crucial challenges of the world around them, and who are determined to do their part to solve those challenges with their company."

Butterfly was founded by Dr. Jonathan Rothberg and a talented group of physicists and engineers from MIT who want to make ultrasound as accessible and useful as the stethoscope.

"We have upgraded the stethoscope for the 21st century," said Dr. Rothberg. "2016 will mark the bicentennial of Rene Laennec's invention of the stethoscope – medicine's iconic, personal diagnostic device. We're honoring Laennec's vision by creating a visual stethoscope that now enables all healthcare professionals to quickly and easily see into the body."

The recognition by the WEF is an unprecedented fourth Technology Pioneer award for a company founded by Dr. Rothberg.

"Spending over 18% of U.S. GDP on healthcare is neither sustainable nationally nor does it translate well globally," said Dr. Rothberg. "So, we created Butterfly to democratize access to vital diagnostic and therapeutic ultrasound technologies. We are honored by WEF's recognition of our mission to drastically reduce the cost of healthcare while improving its quality with affordable ultrasound."

Butterfly has raised over $100 million to commercialize its technology and seeks talented individuals across multiple scientific disciplines to join its team.

For more info, visit http://www.butterflynetinc.com

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