AirStrip is looking to broach some new ground with the $25 million it just raised in support of its mobile healthcare technologies.
The Texas company plans to expand into home health, boost internationalization efforts and pursue some new analytics partnerships in combination with advancing its flagship AirStrip One platform.
AirStrip deals in software products that help clinicians access information on multiple devices and through various electronic medical record systems. The company’s platform currently helps oversee care of 1 out of 6 babies born in the U.S., according to an AirStrip statement.
"The market has responded with great enthusiasm to what we have accomplished to date," CEO Alan Portela said in prepared remarks. "We expect to take our mHealth leadership to new levels with upcoming announcements around real-time processing and clinical data analytics."
New funding was led by the Gary & Mary West Health Investment Fund, Sequoia Capital and Wellcome Trust. Existing funders Sequoia Capital, Wellcome Trust, Hospital Corporation of America (HCA) and Qualcomm Inc. joined the round, as did new funders Dignity Health, St. Joseph Health and Leerink Partners.
