Hospital Tracking Vendor Raises $27 Million

San Diego-based Awarepoint Corp., a vendor of a technology platform for real-time location systems to track patients, staff and assets, has raised $27 million in a new round of financing.


San Diego-based Awarepoint Corp., a vendor of a technology platform for real-time location systems to track patients, staff and assets, has raised $27 million in a new round of financing.

New investor Kleiner Perkins Caufield & Byers led the round and Top Tier Capital was another new participant. Existing investors Cardinal Partners, Venrock and Jafco Ventures also participated.

Awarepoint expanded its market share and product line in April with the complementary acquisition of Patient Care Technology Systems. PCTS has tracking systems for the emergency, surgical, cardiovascular and radiology departments. It also sells specialized tracking software to monitor workflow, clinician hand hygiene, and temperatures of tissue, lab results, blood bags, medication and food.

More information is available at awarepoint.com.

 

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