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Sotera Wireless Raises $7 Million


7/14/2011 9:08:20 AM

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.”

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