Sotera Wireless has secured a new round $7 million in financing that includes a mix of debt and other securities. Some of Sotera Wireless’ previous investors have included West Family Holdings, Qualcomm Ventures, Intel Capital, Sanderling Ventures and Apposite Capital. Last April the company raised $10.75 million. Including the most recent $7 million, Sotera has secured more than $40 million.
Sotera Wireless, which changed its name from Triage Wireless in 2009, is currently developing wireless vital sign monitoring technology, called ViSi Mobile, for both hospital and home use cases. The company claims the technology will “enhance patient safety by enabling detection of early signs of patient deterioration without restricting freedom of movement.”
ViSi Mobile includes “comfortable body-worn sensors that allow for freedom of movement and multiple vital-sign capture, the technology also enables continuous accurate blood pressure measurement for ambulatory patients without the need for frequent cuff inflation.” The offering is compatible with standard Windows-based operating systems, according to the company.
Last year the company told Xconomy that it had hoped to commercialize its product offering by the first quarter of 2011, however, Sotera has not yet announced commercial availability or FDA clearance for its products.
Check out the SEC filing here.