Healthsense, Inc., a Mendota Heights, Minn.-based provider of Wi-Fi remote monitoring solutions for the senior care market, has raised an additional $7m in a Series D financing.
The round was led by new investors Merck Global Health Innovation Fund, LLC (GHIF) and Fallon Community Health Plan. Existing investors also participated.
The company intends to use the funding to extend adoption of its remote monitoring platform throughout senior living communities and homes across the United States.
Led by Brian Bischoff, CEO, Healthsense provides the eNeighbor® passive monitoring and analytics technology, which allows caregivers to proactively detect emerging health concerns before they turn into emergencies. Care providers can also be automatically alerted to emergent situations like falls, minimizing the potentially catastrophic consequences of such events.
FinSMEs
20/09/2012
Related News
25/08/2010: Healthsense Closes Financing Round