Vocera Communications Secures Funding From Thomas Weisel Venture Partners; Funding Fuels Growth and Entry Into New Markets

Funding Rounds

▤ Summary

The Vocera solution enables mobile workers within buildings or campuses to instantly connect and speak with one another using wearable communications badges. "Our investment in Vocera will allow it to strengthen its presence in the healthcare industry, expand further into the hospitality and retail markets, and enter the United Kingdom." The Badge weighs less than 2 ounces and can be clipped to a shirt pocket or collar, or worn on a lanyard, enabling instant, hands-free, voice communication. Voceras target markets are environments with a dispersed in- building mobile workforce, such as healthcare, retail, hospitality, government, manufacturing, and corporate services. TWVP was founded in 2000 in partnership with Thomas Weisel Partners, a San Francisco-based merchant bank, and is located in Palo Alto, Calif. For more information, visit www.twvp.com.

$ Funding

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Amount $6.0M Total raised
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Date October 27, 2004 Announcement date
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Investors Microsoft Accelerator - Tel Aviv, Avalon Ventures, Thomas Weisel Venture Partners, Mozilla Foundation, Vocera Communications, Intel, >>venture>>, Cisco, RRE Ventures, Granite Ventures Lead investors
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Company http://www.vocera.com Funded company

▥ Classifications

industries
HealthTech
applications
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▦ Linked Companies

Mozilla
$250M to $500M