Tech Company Financing Transactions
WellAWARE Systems Funding Round
WellAWARE Systems closed a $7.5 million funding round on 12/7/2009. Investors included .406 Ventures and Valhalla Partners.
Transaction Overview
Company Name
Announced On
12/7/2009
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Undisclosed
Investors
.406 Ventures (Liam Donohue)
Valhalla Partners (Gene Riechers)
Proceeds Purpose
The funds will allow the company to better serve the important and rapidly growing senior care technology market. Forrester Research reports that remote personal health monitoring sales are expected to reach $5 billion in 2010 and explode to $34 billion by 2015.
Company Information
Company Status
Acquired or Merged
Industry
Healthcare Services
Mailing Address
5500 Cox Road K
Glen Allen, VA 23060
USA
Glen Allen, VA 23060
USA
Phone
Website
Email Address
Overview
The ongoing mission of WellAWARE Systems is to empower families and professional care givers by providing solutions that increase the quality of life for our aging population.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jeff Noce
Chief Technical Officer
Jeff Segal
VP - Bus. Development
Mike Brindley
VP - Bus. Development
Travis Brown
VP - Marketing
Jennifer Robb
VP - Operations
Roger Booker
VP - R & D
David Mack
Browse more venture capital transactions:
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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