Healthsense Closes Financing Round
Summary
Healthsense, Inc., a Mendota Heights, MN-based provider of wireless sensors and remote monitoring solutions for the senior care market, closed a growth capital financing round., a Mendota Heights, MN-based provider of wireless sensors and remote monitoring solutions for the senior care market, closed a growth capitalround.Since the initial introduction of its first commercial product in 2006, Healthsense has emerged as a leader in Wi-Fi sensors, nurse call systems and advanced algorithmically-enabled remote monitoring solutions.The company’s flagship product is the eNeighbor® system, which monitors individuals in their homes and automatically calls for help if it detects a possible problem.Developed under the direction of the National Institute of Aging (NIA) and the Defense Advanced Research Projects Agency (DARPA), the system utilizes a series of wireless sensors placed throughout the residence that capture the occupant’s activities of daily living.