Thursday, May 26, 2011

Mind Reader Company Valued At $200+ Million In New Funding Round

A new brain recording device is changing the way scientists study the brain. Its miniature size and innovative recording capabilities allow data to be transmitted directly to a computer while we’re asleep at home. Understanding brain activity during sleep, researchers think, may unlock the secrets to understanding a range of neurological disorders including Alzheimer’s, schizophrenia and depression. The new device is such a significant improvement over existing technologies that it has attracted private funding that raises the company valuation to $250 million–from a technology pioneer who wishes to remain anonymous.

More Here: http://singularityhub.com/2011/05/26/mind-reader-company-valued-at-200-million-in-new-funding-round-video/

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