Sonitor Technologies, a provider of real-time location systems (RTLS) for healthcare facilities, announced that it has raised new equity totaling 80 million NOK ($9.5 million). The company, based in Stamford, Conn, and Oslo, Norway, says it will use the capital to expand into new industry verticals and continue investment in its RTLS technology.
“Our shareholders recognize the value our unique ultrasound-based RTLS technology can bring to healthcare and other industry verticals,” said Arne Oyen, Group President and CEO of Sonitor. “This funding allows us to continue to expand our research, resources, and reach to ensure we are meeting customer and market needs. It also provides current and prospective customers with confidence that they have chosen a reliable, long-term market leader.”
Sonitor produces Sonitor Sense, a wireless, open integration RTLS platform that supports a wide range of applications to make hospital operations more efficient. For more information, visit the Sonitor website.