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 & […]
Sotera Wireless adds tools to patient monitoring system
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 […]
Sotera Wireless emerges from bankruptcy with $32m
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 […]
Sotera Wireless files for Chapter 11 bankruptcy
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 […]
Sotera acquires sensor developer Reflectance Medical
Wearables maker Sotera Wireless said yesterday that it acquired sensor developer Reflectance Medical Inc. for an undisclosed amount.
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.
ForSight Vision5 pulls down a $15 million Series C round | Medtech funding stories for the week of Apr. 21, 2014
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.
Sotera lands FDA OK for wireless blood pressure monitor | MassDevice.com 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.
Topera details $25M Series C round | 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.
Stung by widening losses, Accuray plans $75M debt offering | 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.
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