AirStrip® www.airstrip.com just raised $25 million in a funding round led by the Gary and Mary West Health Investment Fund www.westhealth.org/investment, Sequoia Capital www.wequoiacap.com, and Wellcome Trust www.wellcome.ac.uk with additional investors Dignity Health www.dignityhealth.org/index.htm, St. Joseph Health www.stjhs.org, and Leerink Partners www.leerink.com.
The funding will support the continued growth of the patent-protected AirStrip One® mobile technology solutions to expand into the home health space, expand worldwide, and help integrate the technology with industry-leading analytics engines.
Today, hospitals are overwhelmed by a flood of clinical data from multiple disparate sources plus their legacy IT systems are not equipped to manage the information and make it useful. AirStrip is solving this challenge by integrating clinical data and making it accessible on mobile devices.
“The success of the investment round shows industry support and validation of the AirStrip strategic vision” reports CEO Alan Portela. “Right now one in six babies born in the U.S. is monitored with AirStrip and at-risk patients were monitored 1.2 million times in 2013 alone using AirStrip.
Just last May, Air Strip announced a partnership with PeriGen® www.PeriGen.com a provider of clinical decision support-based obstetrics technology to incorporate a number of their tools into AirStrip’s interoperable mobility solutions.
The integration of PeriGen’s technology with AirStrip ONE will enable fetal heart rate patterns to be assessed, employ long-term and detailed views of waveform tracings, and provide evidence-based analysis and statistical data
According to CEO Portela, “The market has responded with enthusiasm to what has been accomplished to date and we expect to take mHealth to new levels with upcoming announcements concerning real-time processing and clinical data analytics.”