Monday, March 18th | 11 Adar II 5779

Subscribe
January 7, 2019 12:37 pm

Hill-Rom, Wells Fargo’s VC Invest in Israel’s EarlySense

avatar by Reuters and Algemeiner Staff

Email a copy of "Hill-Rom, Wells Fargo’s VC Invest in Israel’s EarlySense" to a friend

The Tel Aviv skyline at night. Photo: Gilad Avidan via Wikimedia Commons.

EarlySense, an Israeli maker of medical monitoring systems, said on Monday it raised $39 million in financing led by medical technology firm Hill-Rom  and Wells Fargo Strategic Capital, the venture capital arm of Wells Fargo & Co.

Other new investors include BlueRed Capital, Israel Innovation Fund, Argos Capital and Hotung Capital. Existing investors, including Pitango Venture Capital and JK&B Venture Capital, participated as well.

EarlySense has developed a contact-free, under-the-mattress sensing platform that provides continuous monitoring for patients.

Hill-Rom’s investment comes on the heels of its launch of a hospital bed with integrated heart and respiratory rate sensing and analytics technology.

Share this Story: Share On Facebook Share On Twitter Email This Article

Let your voice be heard!

Join the Algemeiner

Algemeiner.com