Medtech startup Awarepoint, which provided location tracking systems for medical equipment and personnel in hospitals and clinics, appears to have shut down, according to an Xconomy report.
The San Diego, Calif.-based company’s website has gone down, and an anonymous source told Xconomy that the company shut down on May 24.
Executives could not be reached for comment on the shut down, but Awarepoint’s offices were locked and a representative of the downtown San Diego building they were based out of claimed that the company was gone, according to the report.
Awarepoint had raised nearly $100 million through 2011 and snagged the attention of a number of significant investors including New Leaf Venture Partners, Kleiner Perkins Caufield & Byers, Venrock, Heritage Healthcare Innovation Fund, Top Tier Capital Partners, Avalon Ventures and Icon Ventures, according to Xconomy.
The company was developing a technology that used a wireless sensor network and radio frequency identity tags to track both equipment and employees in healthcare settings. Awarepoint claimed the tracking system improved facilities ability to track blood tests and tissue samples and increase hygiene compliance, according to the report.
Awarepoint, which still lists 74 employees on its LinkedIn profile, has not made any official statements as to its operating status.
