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
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
WellAWARE Systems LinkedIn Company Profile
Social Media
WellAWARE Systems Company Twitter Account
Company News
WellAWARE Systems News
Facebook
WellAWARE Systems on Facebook
YouTube
WellAWARE Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jeff Noce
  Jeff Noce LinkedIn Profile  Jeff Noce Twitter Account  Jeff Noce News  Jeff Noce on Facebook
Chief Technical Officer
Jeff Segal
  Jeff Segal LinkedIn Profile  Jeff Segal Twitter Account  Jeff Segal News  Jeff Segal on Facebook
VP - Bus. Development
Mike Brindley
  Mike Brindley LinkedIn Profile  Mike Brindley Twitter Account  Mike Brindley News  Mike Brindley on Facebook
VP - Bus. Development
Travis Brown
  Travis Brown LinkedIn Profile  Travis Brown Twitter Account  Travis Brown News  Travis Brown on Facebook
VP - Marketing
Jennifer Robb
  Jennifer Robb LinkedIn Profile  Jennifer Robb Twitter Account  Jennifer Robb News  Jennifer Robb on Facebook
VP - Operations
Roger Booker
  Roger Booker LinkedIn Profile  Roger Booker Twitter Account  Roger Booker News  Roger Booker on Facebook
VP - R & D
David Mack
  David Mack LinkedIn Profile  David Mack Twitter Account  David Mack News  David Mack on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/7/2009: Advanced Cell Technology venture capital transaction
Next: 12/7/2009: Outside.in venture capital transaction

 

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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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