Healthsense gains fresh financing for telecare system

Donna Cusano

Another encouraging sign that new financing is moving into eHealth–and including the ‘veterans’ as well. Healthsense today announced the close of a growth capital financing round–amount undisclosed–led by New York-based Radius Ventures, a health and life sciences venture fund making its first foray into eHealth. They were joined by existing investors Ziegler HealthVest Partners and The Ziegler Companies which specialize in healthcare and senior living. Healthsense initially developed (2006) a PERS and sensor-based system for the home called eNeighbor; since 2008 (and the first round of Ziegler financing) Healthsense notably concentrated on long-term care settings (Masonicare, NewCourtland), upgrading to Wi-Fi connectivity that enabled them to add telehealth features and also a wireless nurse call service.  Release.