Sotera Wireless Raises $7M

7/12/11

San Diego’s Sotera Wireless, which specializes in non-invasive technology for measuring patients’ vital signs, has raised $7 million in a combination of debt, rights to acquire securities, and securities, according to a recent regulatory filing. Almost $350,000 in additional funding consists of warrants convertible to preferred shares that have not been exercised. Sotera, which was previously known as Triage Wireless, raised nearly $11 million in April, 2010, from Intel Capital, Qualcomm Ventures, Sanderling Ventures and West Family Holdings. As Xconomy reported last year, the company, founded in 2004, Sotera has raised at least $36 million through its first three rounds of funding.

Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call (619) 669-8788 Follow @

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