Wireless MedCARE develops a product platform of wireless, sensor and information services technology aimed at long-term care facilities. Its first product, VivaTRAK™ Activity Monitoring system, uses wireless and sensor technology to track patient and caregiver activity in nursing homes. The system is designed to ensure care tasks are completed on time and documented in healthcare records for quality assurance, reimbursement and liability-risk mitigation. The company raised an additional $180,500 to complete development of VivaTRAK and prepare for market entry. Management has indicated they expect to pursue a new round of funding to support going to market. The company has previously been funded by Carilion Biomedical Institute, Optimum Sensor Holdings and other accredited investors primarily located in Virginia and North Carolina.

Total raised

$0M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2010