EarlySense Raises $15 Million in Financing

EarlySense

EarlySense, the developer of a contact-free patient monitoring sensor that earned FDA approval last month, completes a round of financing which netted the startup $15 million.

"The financing announced today is an important step as it supports the growth of the company by accelerating our initiative to make millions of hospital and long term care beds safer places for patients while concurrently empowering clinicians to provide more effective and efficient care." – CEO Avner Halperin

The company, based in Waltham, MA, plans to use the funds to develop an internal sales structure capable of supporting the growing company, as well as to further research and development.

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