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 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 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 […]
Wearables maker Sotera Wireless said yesterday that it acquired sensor developer Reflectance Medical Inc. for an undisclosed amount.
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.
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 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.
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.
Sotera Wireless won FDA clearance for its next-generation ViSi Mobile wireless patient monitoring system and the company is planning to launch nationwide sales immediately.
The ViSi system provides vital sign monitoring for ambulatory and bed-ridden patients, the data from which is wirelessly transmitted to clinicians.