When was SpectraWAVE founded?

SpectraWAVE was founded in 2012 and raised its 1st funding round 7 years after it was founded.

Where is SpectraWAVE located?

SpectraWAVE is headquartered in Waltham, United States. It is registered at Bedford,Massachusetts.

How many employees does SpectraWAVE have?

As of Jul 31, 2026, the latest employee count at SpectraWAVE is 25.

Is SpectraWAVE a funded company?

SpectraWAVE is a funded company, having raised a total of $79.9M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on May 24, 2019.

When was the latest funding round of SpectraWAVE?

SpectraWAVE's latest funding was a $***** Series B round on Sep 04, 2024, with participation from 7 investors.

Where does SpectraWAVE rank among its competitors?

SpectraWAVE ranks 2nd amongst 105 active competitors, of which 31 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Vivolight, which secured an undisclosed amount in Jun, 2026.

Who are the top competitors of SpectraWAVE?

SpectraWAVE's top competitors include Oxford Instruments, Leica Microsystems and Vivolight. Among them, Vivolight secured the most recent funding round in June, 2026.

SpectraWAVE - 2026 Company Profile, Team, Funding & Competitors

SpectraWAVE is an acquired company based in Waltham (United States), founded in 2012 by Jeffrey O'Donnell, Guillermo Tearney, Gregg Stone and James Muller. It operates as a Provider of diagnostic photonic imaging. SpectraWAVE has raised $79.9M in funding from Deerfield and Johnson & Johnson Innovation – JJDC. The company has 105 active competitors, including 31 funded and 14 that have exited. Its top competitors include companies like Oxford Instruments, Leica Microsystems and Vivolight.

Company Details

SpectraWAVE offers diagnostic photonic imaging. The company offers diagnosis and treatment of cardiovascular disease through the development of optical diagnostic and therapeutic devices.

Website: spectrawave.com
Registered Address: Bedford,Massachusetts

Key Metrics

Founded Year

2012

Location

Waltham, United States

Stage

Acquired

Total Funding

$79.9M in 3 rounds

Latest Funding Round

Series B, Sep 04, 2024, $*****

Investors

Deerfield & 7 more

Ranked

2^nd among 105 active competitors

Employee Count

25 as on Jul 31, 2026

Similar Companies

Oxford Instruments & 107 more

Exit Details

Acquired by Philips (Dec 05, 2025)

View SpectraWAVE's full profile

SpectraWAVE is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Spectrawave, Inc. CIN: 364875711 , United States, Active	Dec 31, 1999	-	49 (As on Dec 31, 2024)	-

SpectraWAVE got acquired by Philips on Dec 05, 2025.

Click here to take a look at SpectraWAVE's acquisition in detail

SpectraWAVE has raised a total funding of $79.9M over 3 rounds. Its first funding round was on May 24, 2019. Its latest funding round was a Series B round on Sep 04, 2024 for $*****. 7 investors participated in its latest round. SpectraWAVE has 8 institutional investors.

Here is the list of recent funding rounds of SpectraWAVE:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 04, 2024	5938397	Series B	2561523	9393408	7544229	6347052
Feb 03, 2021	1036634	Series A	5330505	9276051	4116653	3549205
May 24, 2019	8660984	Series A	8953098	1868942	4829140	1074015

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View details of SpectraWAVE's funding rounds and investors

The founders of SpectraWAVE are Jeffrey O'Donnell, Guillermo Tearney, Gregg Stone and James Muller. Eman Namati is the CEO of SpectraWAVE.

Here are the details of SpectraWAVE's key team members:

Jeffrey O'Donnell: Co-Founder of SpectraWAVE. They serve on the boards of 2 companies.
Guillermo Tearney: Co-Founder of SpectraWAVE. They serve on the board of 1 company.
Gregg Stone: Co-Founder of SpectraWAVE.
James Muller: Co-Founder & CMO of SpectraWAVE.
Eman Namati: CEO of SpectraWAVE. They serve on the board of 1 company.
Contact Info: 1 email address

SpectraWAVE's Board of Directors

SpectraWAVE's board has 10 active members. Brian Smith, Guillermo Tearney, Martin Seifert, Bill Little, Eric Swanson, Steven Hochberg, Paul Laviolette, Eman Namati, David Neustaedter and Kadir Kadhiresan are independent board members.

Here is the list of SpectraWAVE's board of directors:

Name	Type	Representing	Status	Duration
Brian Smith	Independent board member	-	Current	1y 10m
{sutyco	Independent board member	-	Current	3y 8m
mgrdsxq	Independent board member	-	Current	3y 9m
dsxwcnh	Independent board member	-	Current	5y 3m
eko{qrp	Independent board member	-	Current	5y 7m
rxlfkc{	Independent board member	-	Current	3y 3m
fq{jetw	Independent board member	-	Current	6y 9m
swmvi{v	Independent board member	-	Current	9y 6m
ejgihqh	Independent board member	-	Current	2y 1m
qedrxqd	Independent board member	-	Current	9y 2m

View details of SpectraWAVE's Founder profiles and Board Members

SpectraWAVE's employee count trend

SpectraWAVE has 25 employees as of Jul 26. Here is SpectraWAVE's employee count trend over the years:

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Top competitors of SpectraWAVE include Oxford Instruments, Leica Microsystems and Vivolight. Here is the list of Top 10 competitors of SpectraWAVE, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Oxford Instruments 1959, High Wycombe (United Kingdom), Public	Manufacturer of scientific technology for atomic and molecular level research	-	Europa	69/100
2nd	SpectraWAVE 2012, Waltham (United States), Acquired	Provider of diagnostic photonic imaging	$79.9M	Deerfield, S3 Ventures & 6 others	59/100
3rd	Leica Microsystems 1914, Wetzlar (Germany), Acquired	Manufacturer of microscopes, microscope software, cameras, parts, and accessories	-	SV Health Investors, Westlake Ventures & 1 others	59/100
4th	Vivolight 2012, Shenzhen (China), Seed	Developer of optical coherence tomography for coronary functional evaluation	$28.5M	HSG, Efung Capital & 13 others	57/100
5th	OncoRes Medical 2014, Perth (Australia), Series B	Developer of intraoperative imaging technology for surgical procedures	$33.1M	Brandon BioCatalyst, Australian Unity & 5 others	57/100
6th	Santec Holdings 1979, Komaki (Japan), Public	Manufacturer of optical instruments, components, and imaging and sensing systems	-	HHS	55/100
7th	Ionpath 2014, Menlo Park (United States), Series B	Developer of an imaging platform for tissue biopsies	$18M	Samsara BioCapital, Agile Angel & 8 others	53/100
8th	SuperLight Photonics 2022, Enschede (Netherlands), Seed	Developer of supercontinuum lasers for optical coherence tomography and spectroscopy	-	Oost NL, DeepTechXL & 1 others	50/100
9th	Vivosight 2006, Maidstone (United Kingdom), Series B	Provider of optical coherence tomography diagnostic device for dermatology	$8.9M	Smith+Nephew, The Secretary Of State For Energy and Industrial Strategy ... & 122 others	47/100
10th	ISS 1984, Champaign (United States), Funding Raised	Manufacturer of fluorescence and biomedical instrumentation	-	HHS	47/100