Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=0bef26d3-4c31-4c69-be00-c25d30c913ed
Date 9/24/2013
Company Name PatientSafe Solutions
Mailing Address 5375 Mira Sorrento Place San Diego, CA 92121
Company Description We believe nurses are the center of the care system. They’re the healthcare professionals who patients spend the most time with once they’re admitted, and who make sure the care continues when they’re released. Nurses are the essential link between patients and the care they receive. A good experience in the hospital is in large measure due to the nurses.
Proceeds Purposes The new capital will be used to further U.S. adoption of PatientSafe’s smart point-of-care mobile solution, the PatientTouch® System, and simultaneously expand into the growing Asia Pacific (APAC) healthcare market. As part of the expansion, the company will consolidate its hardware manufacturing and global supply chain in Singapore and establish a local presence to support ongoing product innovation and commercialization in the APAC markets.