Boston-based .406 Ventures is investing in WellAware Systems’ new $7.5 million round of financing, the Charlottesville, VA, startup reports. The company has developed integrated sensors and software designed to help healthcare providers monitor senior patients. Valhalla Partners, of Vienna, VA, joined .406 (which is named after the record-setting batting average of the late and great Red Sox hitter Ted Williams in 1941) in the new round of financing. WellAware says that the money will help the firm market its products in the rapidly growing market for senior care technology.
Author: Ryan McBride
Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News.
Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.
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