Awarepoint Secures $14M

San Diego’s Awarepoint, which uses a Zigbee-based wireless mesh sensor network for real-time tracking of patients, medical devices, and hospital equipment, has closed on $14 million in debt financing, according to a pair of recent regulatory filings (here and here). Awarepoint said last month it had acquired Charlotte, NC-based Patient Care Technology Systems, although no price was disclosed. The company also named a new CEO, Jay Deady, and raised $9 million about six months ago. Awarepoint has previously raised capital from Silicon Valley Bank, Avalon Ventures, Cardinal Partners, JAFCO Ventures, and Venrock.

Bruce V. Bigelow was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here. Follow @bvbigelow

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