Israel’s EarlySense raises $20 mln in Samsung-led funding round

Israel’s EarlySense, a maker of medical monitoring systems, said on Tuesday it raised $20 million in a funding round led by Samsung Ventures, which invested half the amount. This was Samsung Ventures’ second investment in Israel in the last week after it provided financing to Rounds, a mobile application for group video chats. EarlySense, which makes a sensor that is placed under the mattress and monitors the heart and respiratory rate, said the funding would be used to further expand in the home-medical and consumer markets.

via ynetnews.com

Source: http://www.ynetnews.com/articles/0,7340,L-4617300,00.html

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