Healthcare IT Today December 24, 2024
CalmWave will Use the Capital to Accelerate Growth with its New and Existing Channel Partnerships
CalmWave, the creator of the Quiet ICU, today announced that it has closed a $5.25 million financing round led by Third Prime with participation from Catalyst by Wellstar, Silver Circle, Rebellion, Impulsum, and existing investors Bonfire Ventures, Tau Ventures, and Hike Ventures. CalmWave will use the new capital to accelerate market penetration and strengthen and expand its GPO channel partnerships, including Premier, Inc. and Partners Coop.
CalmWave is the first effective solution to address the endemic problem of alarm fatigue in Intensive Care Units (ICUs). Non-actionable alarms are alerts triggered by monitoring systems that do not require immediate intervention or clinical response. Such alarms make...