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Sotera Wireless

HeartFlow taps ex-Beaver-Visitec CEO Mead as chief exec | Personnel Moves – May 28, 2019

May 28, 2019 By Fink Densford

HeartFlow said today that it named former Beaver-Visitec prez & CEO Dana Mead, Jr., as its new president and CEO, replacing current prez & CEO Dr. John Stevens, who will continue to serve on the board as chair. Prior to joining Beaver-Visitec, Mead served as a strategic advisor and partner in Kleiner Perkins Caufield & […]

Filed Under: Business/Financial News, Featured Tagged With: Battelle, Beaver-Visitec, Clearflow, Glooko, HeartFlow, Iridex Corp., LifeScan Inc., Nevro Corp., Obalon Therapeutics, Sotera Wireless

Sotera Wireless adds tools to patient monitoring system

March 6, 2019 By Nancy Crotti

Sotera Wireless said it has upgraded its ViSi Mobile patient monitoring system to detect atrial fibrillation, ventricular fibrillation and ventricular tachycardia, and to provide asystole analysis. Often asymptomatic, atrial fibrillation may remain undiagnosed until or even after the development of complications, such as stroke. Post-operative atrial fibrillation is the most common arrhythmia that occurs after […]

Filed Under: 510(k), Digital Health, Food & Drug Administration (FDA), Health Information Technology, News Well, Patient Monitoring, Regulatory/Compliance Tagged With: FDA, Sotera Wireless

Sotera Wireless emerges from bankruptcy with $32m

July 26, 2017 By Brad Perriello

Sotera Wireless emerged from bankruptcy protection with nearly $32 million in hand, after a lawsuit brought by rival Masimo (NSDQ:MASI) drained its coffers, but is enjoined from using Masimo data allegedly purloined by a pair of former employees who jumped ship for Sotera. The San Diego-based company filed for Chapter 11 bankruptcy protection in September 2016, saying it owed […]

Filed Under: Legal News, Patient Monitoring, Wall Street Beat Tagged With: Bankruptcy, Sotera Wireless

Sotera Wireless files for Chapter 11 bankruptcy

October 7, 2016 By Brad Perriello

Sotera Wireless last month filed for Chapter 11 bankruptcy protection, saying it owes its creditors, Silicon Valley Bank and Oxford Finance, roughly $13.1 million and doesn’t have the scratch to make good. The San Diego-based company, developed the ViSi wireless wearable patient monitor, reported raising about $20.7 million back in April 2014. Last year, Sotera acquired sensor developer Reflectance Medical for […]

Filed Under: Legal News, Patient Monitoring, Wall Street Beat Tagged With: Masimo, Sotera Wireless

Sotera acquires sensor developer Reflectance Medical

February 26, 2015 By Val Kennedy Leave a Comment

Sotera acquires sensor developer Reflectance Medical

Wearables maker Sotera Wireless said yesterday that it acquired sensor developer Reflectance Medical Inc. for an undisclosed amount.

Filed Under: Digital Health, Mergers & Acquisitions, News Well Tagged With: Reflectance Medical, Sotera Wireless

Hill-Rom hires energy exec Strobel for CFO | Personnel Moves

October 27, 2014 By Brad Perriello Leave a Comment

Hill-Rom hires energy exec Strobel for CFO | Personnel Moves

Hill-Rom Holdings (NYSE:HRC) said it looked to the energy industry to replace James Saccaro as CFO, naming BlueStar Energy’s former CFO Steven Strobel to the position.

Filed Under: News Well Tagged With: AdvaMed, Clayton, CryoLife, Dubilier & Rice, GE Healthcare, Hansen Medical Inc., Hillrom, ITraumaCare, Personnel Moves, Sotera Wireless, Spine Wave, Zynex

ForSight Vision5 pulls down a $15 million Series C round | Medtech funding stories for the week of Apr. 21, 2014

April 25, 2014 By MassDevice Leave a Comment

ForSight Vision5 lands $15M Series C round

April 18, 2014 by Brad Perriello

ForSight Vision5 lands $15M Series C round

Filed Under: Funding Roundup, News Well Tagged With: Baxano Surgical, Cerapedics Inc., ForSight Vision, GE Healthcare, National Venture Capital Assn. (NVCA), PricewaterhouseCoopers (PwC), Sotera Wireless, Thomson Reuters

Sotera aims for $54M for continuous patient monitoring

April 23, 2014 By Arezu Sarvestani Leave a Comment

Sotera aims for $54M for continuous patient monitoring

California-based Sotera Wireless is looking to raise $53.9 million in an ongoing funding round, with about $20.7 million raised as of Monday, regulatory filings show.

Filed Under: Funding Roundup, News Well, Patient Monitoring Tagged With: Sotera Wireless

Sotera lands FDA OK for wireless blood pressure monitor | MassDevice.com On Call

October 15, 2013 By Arezu Sarvestani Leave a Comment

MassDevice On Call

MASSDEVICE ON CALL — Sotera Wireless this month touted FDA clearance for a new feature of its ViSi Mobile continuous non-invasive blood pressure system, now able to monitor patients without the use of a catheter or blood pressure cuff.

The novel new device has long been part of Sotera’s product portfolio, but wasn’t cleared alongside earlier ViSi Mobile systems.

Filed Under: Food & Drug Administration (FDA), News Well, Regulatory/Compliance Tagged With: Hypertension, On Call, Remote Patient Monitoring, Sotera Wireless

Topera details $25M Series C round | Wall Street Beat

April 26, 2013 By Brad Perriello Leave a Comment

MassDevice.com Wall Street Beat

Topera said a new backer, New Enterprise Assoc., led a $25 million Series C round first reported by MassDevice.com last month, with an unnamed "strategic industry partner" joining the round.

Filed Under: Funding Roundup, News Well, Wall Street Beat Tagged With: Cardiac Rhythm Management, EndoStim, InVivo Therapeutics, Opko Health Inc., Pneuron Corp., Prolor Biotech, Sotera Wireless, Topera Medical

Stung by widening losses, Accuray plans $75M debt offering | Wall Street Beat

February 7, 2013 By MassDevice staff Leave a Comment

MassDevice.com Wall Street Beat

Accuray (NSDQ:ARAY) plans to issue $75 million worth of convertible senior notes as it gears up to restructure its business after a year of widening losses.

The Sunnyvale, Calif.-based medical device company said it will use the proceeds from the offering of debt due Feb. 1, 2018, to shore up its balance sheet.

Filed Under: Funding Roundup, MassDevice Earnings Roundup, News Well, Radiosurgery/Radiation therapy, Wall Street Beat Tagged With: Accuray Inc., Biosensors International Group Ltd., InspireMD, Micro Interventional Devices, Safeguard Scientifics Inc., Sotera Wireless, Terumo

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