WellAWARE Systems, a Charlottesville, Va.-based developer of wellness monitoring solutions for senior care providers, has completed a $7.5m growth financing from Valhalla Partners and .406 Ventures.
According to an official statement, “the funds will allow the company to better serve the important and rapidly growing senior care technology market”.
Commenting on the funding, Jeff Noce, president and CEO of WellAWARE Systems, was reported as saying: “The investments from Valhalla Partners and .406 Ventures affirm the value in our wellness monitoring solution and the growing demand for next-generation healthcare technologies.
“We are proud to be a part of this growing industry and with the investments from Valhalla Partners and .406 Ventures we now have the expertise, resources and influence to help us continue to build a great company and pioneer the evolution of the advanced senior care technology market”.
FinSMEs
07/12/2009