Sonitor Technologies develops high-definition, ultrasound-based RTLS (real-time location system) technology for indoor positioning in complex environments, with a commercial platform called Sonitor Sense. The company positions itself as a global leader in indoor positioning and targets healthcare and other industry verticals. Sonitor is based in Norway and maintains operations and offices in the United States. The business uses patented High Definition Ultrasound capabilities to deliver open-integration RTLS solutions for hospitals and large deployments. The new equity will be deployed to meet growing global demand, accelerate growth and innovation, and fund research into ultrasound indoor positioning. The company has nearly doubled its staff over the last 12 to 18 months and states shareholders have invested a cumulative 431 million NOK (approximately $63 million). Sonitor Technologies develops high-definition, ultrasound-based real-time location systems (RTLS) that provide indoor positioning, real-time visibility, and intelligence in complex environments. Its tiered-resolution RTLS with patented High Definition Ultrasound capabilities powers the Sonitor Sense™ open-integration wireless platform. The company emphasizes healthcare use cases, helping facilities accelerate patient throughput and improve operational efficiency, and is selected by partners for global deployment. Sonitor plans to expand into new industry verticals and continue aggressive investment in product development. The company says the new equity backing from current shareholders and employees supports expanded research, resources, and market reach and provides customers confidence in its long-term position. Sonitor operates from Stamford, Conn. and Oslo, Norway.

Total raised

$17M

Funding rounds

2

Latest round

Equity

Latest activity

Nov 2016