Sotera Wireless Garners $7,000,000 New Financing Round

  • Feed Type
  • Date
    7/8/2011
  • Company Name
    Sotera Wireless
  • Mailing Address
    9444 Waples Street San Diego, CA 92121
  • Company Description
    Our vision is to revolutionize patient safety by enabling the early detection of deterioration in patients who are mobile and free to move about in the hospital or the home. With adequate warning of adverse events, clinicians can intervene more quickly and confidently and patient outcomes can be dramatically improved.
  • Website
    http://www.soterawireless.com
  • Transaction Type
    Debt
  • Transaction Amount
    $7,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed. Securities offered consist of secured promissory notes; warrants exercisable for shares of preferred stock; the preferred stock issuable upon exercise of the warrants; and the common stock issuable upon conversion of the preferred stock. SEC regulatory filing.
  • M&A Terms
  • Venture Investor
    Undisclosed