Awarepoint Corporation Secures $27M in Series F Financing

Published On August 24, 2011 |

Awarepoint Corporation, a San Diego, CA-based provider of real-time location system (RTLS) solutions for healthcare, has secured $27m in Series F financing.

The round was led by new investor Kleiner Perkins Caufield & Byers, with participation from new backer Top Tier Capital Partners, and existing shareholders Cardinal Partners, Venrock, and Jafco Ventures.

The company intends to use the capital to expand adoption of its aware360Platform, increase investment in R&D and add client support resources.

Led by President and CEO Jay Deady, COO Brad Weinert, and CTO Matt Perkins, Awarepoint provides real-time location systems (RTLS) that allow hospitals to track, monitor, and optimize the utilization and workflow of personnel, patients, and equipment.
Clients have deployed Awarepoint’s patented technology and software platforms in the areas of asset management & tracking, rental reduction, temperature monitoring, hand hygiene, emergency, and perioperative departmental workflow and throughput, and enterprise patient tracking and workflow automation.

FinSMEs

24/08/2011

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