• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Opinions
    • Top 30
    • Research
    • Supply Chain
    • Device Sectors
    • Directory
    • Events
    • Resources
    • Microsites
    • More
  • Magazine
  • News
  • Opinions
  • Top 30
  • Research
  • Supply Chain
  • Device Sectors
  • Directory
  • Events
  • Resources
  • Microsites
  • Current / Back Issues
    Features
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Reprints
    Subscribe Now
    Advertise Now
    Top Features
    Transporting Treatment: An Examination of Tubing Technologies

    Outward Appearance: Reviewing Surface Treatment Options

    Face to (Virtual) Face: Telemedicine Now and Post-Pandemic

    Voices for Medtech: AdvaMed and MDMA Leaders Share Thoughts

    Digitize Your QMS via an Enterprise Cloud Platform
    OEM News
    Supplier News
    Service / Press Releases
    Online Exclusives
    Press Releases
    People in the News
    Product & Service Releases
    Supplier News
    Medtech Makers
    Technical Features
    International News
    Videos
    Product & Service Releases
    Live From Shows
    Top News
    FDA Grants 510(k) Clearance to LivaNova’s B-Capta

    Gynesonics Appoints Susan Stimson to Its Board of Directors

    Piezo Motion Debuts Piezoelectric Micro-Dosing Pump

    Riva Health Raises $15.5 Million for Breakthrough Mobile Cardiology Technology

    Abbott Begins Shipping Rapid COVID Self-Tests
    From the Editor
    Blogs
    Guest Opinions
    Top Opinions
    Transporting Treatment: An Examination of Tubing Technologies

    Outward Appearance: Reviewing Surface Treatment Options

    Face to (Virtual) Face: Telemedicine Now and Post-Pandemic

    Voices for Medtech: AdvaMed and MDMA Leaders Share Thoughts

    Digitize Your QMS via an Enterprise Cloud Platform
    Top 30 Medical Device Companies
    Market Data
    White Papers
    Top Research
    Home Is Where the Heart (Valve) Is

    CGM: Digital Health Meets a Very Large Opportunity

    Biomechanical Engineer, Heal Thyself

    Optimizing MIM in Medical Device Manufacturing

    PPE and Diagnostics: Sourcing Domestically and Speeding Time to Market
    3D/Additive Manufacturing
    Contract Manufacturing
    Electronics
    Machining & Laser Processing
    Materials
    Molding
    Packaging & Sterilization
    R&D & Design
    Software & IT
    Testing
    Tubing & Extrusion
    Cardiovascular
    Diagnostics
    Digital Health
    Neurological
    Patient Monitoring
    Surgical
    Orthopedics
    All Companies
    Categories
    Company Capabilities
    Add New Company
    Outsourcing Directory
    Medicoil

    Medbio LLC

    Trademark Plastics Inc.

    Unicep

    PTI Engineered Plastics Inc.
    MPO Summit
    Industry Events
    Webinars
    Live From Show Event
    Industry Associations
    Videos
    Career Central
    eBook
    Slideshows
    Top Resources
    EMS' Engineering Resources Increasingly in Demand

    Fiber Optics Introducing New Cleanliness Requirements for Medical Electronics

    EMS Providers Valued for Product Customization, Medical Certification Expertise

    Three Future Trends and Opportunities in Quality Assurance

    Adopting a Data-Driven Quality Model
    Companies
    News Releases
    Product Releases
    Press Releases
    Product Spec Sheets
    Service Releases
    Case Studies
    White Papers
    Brochures
    Videos
    Outsourcing Directory
    Spectrum Plastics Group

    K-Tube Technologies

    Qosina Corp.

    Unicep

    FUTEK Advanced Sensor Technology Inc.
    • Magazine
      • Current/Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Editions
      • Subscribe Now
      • Advertise Now
    • News
    • Directory
      • All Companies
      • ALL CATEGORIES
      • Industry Associations
      • Company Capabilities
      • Add Your Company
    • Supply Chain
      • 3D/Additive Manufacturing
      • Contract Manufacturing
      • Electronics
      • Machining & Laser Processing
      • Materials
      • Molding
      • Packaging & Sterilization
      • R&D & Design
      • Software & IT
      • Testing
      • Tubing & Extrusion
    • Device Sectors
      • Cardiovascular
      • Diagnostics
      • Digital Health
      • Neurological
      • Patient Monitoring
      • Surgical
      • Orthopedics
    • Top 30 Company Report
    • Expert Insights
    • Slideshows
    • Videos
    • Podcasts
    • Resources
    • eBook
    • Infographics
    • Whitepapers
    • Research
      • White Papers
      • Case Studies
      • Product Spec Sheets
      • Market Data
    • MPO Summit
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • Microsite
      • Companies
      • Product Releases
      • Product Spec Sheets
      • Services
      • White Papers / Tech Papers
      • Press Releases
      • Videos
      • Literature / Brochures
      • Case Studies
    • About Us
      • About Us
      • Contact Us
      • Advertise with Us
      • eNewsletter Archive
      • Privacy Policy
      • Terms of Use
    Breaking News

    Siren Raises $11.8 Million to Expand its Remote Patient Monitoring Solution

    Since its founding in 2015, the company has raised $22 million across three funding rounds.

    Siren Raises $11.8 Million to Expand its Remote Patient Monitoring Solution
    Image courtesy of Siren.
    Related CONTENT
    • EMS' Engineering Resources Increasingly in Demand
    • Fiber Optics Introducing New Cleanliness Requirements for Medical Electronics
    • Welldoc, Dexcom Expand Strategic Partnership for Diabetes Management
    • How Digital Health Fits into the Medtech Mold
    • Talented Labor Pool a Challenge for EMS Providers
    Siren08.11.20
    Siren, a medical device company that has developed technology to embed microsensors within fabric, allowing for mass production of affordable, washable smart textiles with remote patient monitoring applications, has raised $11.8 million in funding led by Anathem Ventures, with participation from existing investors DCM, Khosla Ventures, 500 Startups, and Peter Thiel’s Founders Fund. In connection with this Series B round of funding, DCM Partner Jason Krikorian will join Siren’s board and Anathem Managing Partner Crystal McKellar will join Siren as an advisor.
     
    Since its founding in 2015, Siren has raised $22 million across three funding rounds to position itself for commercial expansion, including a previously undisclosed $6.5 million Series A in 2018 and a $3.4 million seed round. Siren was the TechCrunch CES 2017 Hardware Battlefield Winner, and was named 2018 CES Best of Innovation for its innovative smart textile technology. 
     
    Empowering Doctors to Effectively Care for Patients Remotely 
    Siren’s first commercial product is a U.S. Food and Drug Administration-registered temperature monitoring sock that connects wirelessly to a software application, allowing podiatrists to detect early signs of inflammation in patients at risk of developing diabetic foot ulcers. The onset of diabetic foot ulcers represents a dangerous condition that, when left unchecked, can lead to serious complications, including amputation. Today, podiatrists largely rely on in-clinic visits to manually monitor the temperature elevations that are the precursor to a diabetic foot ulcer. However, ulcers form in a matter of hours or days and can worsen rapidly between such visits. Siren’s solution enables real-time detection and early intervention, which can prevent the serious complications that result in over 100,000 lower limb amputations every year and cost the US healthcare system over $43 billion annually. 
     
    COVID-19 Changing Healthcare Now and Forever 
    Siren’s remote monitoring solution is particularly valuable during the COVID-19 pandemic, as it allows healthcare practitioners to stay engaged with and care for their patients remotely, limiting in-clinic visits to true emergencies while delivering additional services for physician practices through CMS’ recent expansion of Medicare reimbursement for remote patient monitoring services. 
     
    “COVID-19 has changed healthcare now and forever. Digitization and virtual care is no longer a nice-to-have, it’s a need-to-have. Patients need remote patient monitoring to collect and send crucial health data to their physicians. Clinics, by transitioning some medical staff into virtual monitoring, can stay operational, prevent job loss, and allow patients continued access to care,” commented Ran Ma, CEO of Siren. “Additionally, as a medical device company, we have changed the way that we do business - how we make sales, provide customer support, and how our products work. The companies who not only survive, but thrive, are the ones best able to evolve and help their customers adapt to this new world.”
     
    Series B lead and Anathem Ventures Managing Partner Crystal McKellar said, “Technology, at its best, should deliver higher functionality at a fraction of the cost. In the healthcare space, this means improving patient outcomes while reducing the financial burden to the system. Siren’s breakthrough technology combines all of these important adoption drivers, and I am thrilled to partner with Siren to help further the company’s growth.” 
     
    DCM Partner Jason Krikorian, a long-time Siren investor who co-led Siren’s 2016 seed round, noted, “When we initially invested, what I saw was a resourceful team and a creative and elegant product that would represent an enormous improvement for patient care and cost-effective physician workflows in any environment.  The current pandemic has made it clear that remote monitoring solutions will be a critical part of any physician’s practice.  I’m excited to work even closer with the team on this next phase of growth.”
     
    Suggested For You
    EMS EMS' Engineering Resources Increasingly in Demand
    Fiber Optics Introducing New Cleanliness Requirements for Medical Electronics Fiber Optics Introducing New Cleanliness Requirements for Medical Electronics
    Welldoc, Dexcom Expand Strategic Partnership for Diabetes Management Welldoc, Dexcom Expand Strategic Partnership for Diabetes Management
    How Digital Health Fits into the Medtech Mold How Digital Health Fits into the Medtech Mold
    Talented Labor Pool a Challenge for EMS Providers Talented Labor Pool a Challenge for EMS Providers
    CareSignal Expands its Deviceless Remote Patient Monitoring System CareSignal Expands its Deviceless Remote Patient Monitoring System
    Pioneering AI Solutions to Reinforce Healthcare Services Pioneering AI Solutions to Reinforce Healthcare Services
    Cybersecurity Measures are Crucial as COVID-19 Drives Adoption of Remote Access Devices Cybersecurity Measures are Crucial as COVID-19 Drives Adoption of Remote Access Devices
    Evolving Trends in the Medical and Orthopedic Devices Industry Evolving Trends in the Medical and Orthopedic Devices Industry
    Medtech Matters: Optimizing Remote Electrophysiology Monitoring Medtech Matters: Optimizing Remote Electrophysiology Monitoring
    VivaLNK Expands its Medical Data Platform VivaLNK Expands its Medical Data Platform
    Medtech Veteran Joins VivaLNK Board Medtech Veteran Joins VivaLNK Board
    Prevounce Health Launches Remote Patient Monitoring Module Prevounce Health Launches Remote Patient Monitoring Module
    Sony Updates NUCLeUS Imaging Platform Sony Updates NUCLeUS Imaging Platform
    The Lost Year: 2020 Year in Review The Lost Year: 2020 Year in Review

    Related Breaking News

    • Patient Monitoring
      FDA Grants 510(k) Clearance to LivaNova’s B-Capta

      FDA Grants 510(k) Clearance to LivaNova’s B-Capta

      An in-line, blood-gas monitoring system integrated into the S5 Heart-Lung Machine.
      Charles Sternberg, Assistant Editor 04.20.21

    • Gynesonics Appoints Susan Stimson to Its Board of Directors

      Gynesonics Appoints Susan Stimson to Its Board of Directors

      Executive with extensive commercialization experience to provide key insights on global launch strategies.
      Michael Barbella, Managing Editor 04.20.21

    • Piezo Motion Debuts Piezoelectric Micro-Dosing Pump

      Piezo Motion Debuts Piezoelectric Micro-Dosing Pump

      Applications that traditionally require two or three separate laboratory devices can now be replaced with a single micro-dosing pump.
      Michael Barbella, Managing Editor 04.20.21


    • Cardiovascular
      Riva Health Raises $15.5 Million for Breakthrough Mobile Cardiology Technology

      Riva Health Raises $15.5 Million for Breakthrough Mobile Cardiology Technology

      Menlo Ventures, UCHealth invest to bring comprehensive hypertension measurement and management to the phone.
      Michael Barbella, Managing Editor 04.20.21

    • Diagnostics
      Abbott Begins Shipping Rapid COVID Self-Tests

      Abbott Begins Shipping Rapid COVID Self-Tests

      Abbott to manufacture tens of millions of BinaxNOW Self Tests per month.
      Sam Brusco, Associate Editor 04.20.21

    • Cardiovascular
      FDA OKs Canon Medical

      FDA OKs Canon Medical's One-Beat Spectral Cardiac CT

      Aquilion ONE / PRISM Edition now offers AI-powered spectral capabilities for cardiac exams.
      Sam Brusco, Associate Editor 04.19.21


    • NeuroLogica Debuts Next-Generation SmartMSU with OmniTom Elite

      NeuroLogica Debuts Next-Generation SmartMSU with OmniTom Elite

      Mobile Stroke Unit includes new CT scanner and features that help EMTs improve patient care.
      Michael Barbella, Managing Editor 04.19.21

    • IZI Medical Products Launches Fully Automatic Quick-Core Auto Biopsy System

      IZI Medical Products Launches Fully Automatic Quick-Core Auto Biopsy System

      Product has three programmable firing modes for tissue sampling.
      Michael Barbella, Managing Editor 04.19.21

    • Seed Grants Awarded to Five Proposals for Pediatric Medical Device Development

      Seed Grants Awarded to Five Proposals for Pediatric Medical Device Development

      Projects address infant feeding development, neonatal jaundice, pediatric dysphagia, unplanned extubations, and adrenal crisis.
      Michael Barbella, Managing Editor 04.19.21


    • Iterative Scopes Announces IBD-Focused Scientific Advisory Board

      Iterative Scopes Announces IBD-Focused Scientific Advisory Board

      The governing body also will include experts in artificial intelligence.
      Michael Barbella, Managing Editor 04.16.21

    • Vicarious Surgical, D8 Holdings Corp. Combine Operations in $1.1 Billion Deal

      Vicarious Surgical, D8 Holdings Corp. Combine Operations in $1.1 Billion Deal

      Transaction is expected to foster the development of Vicarious Surgical's flagship robot and establish a foundation for long-term growth.
      Michael Barbella, Managing Editor 04.16.21

    • Diagnostics
      FDA Grants De Novo Clearance to Medtronic’s GI Genius Model

      FDA Grants De Novo Clearance to Medtronic’s GI Genius Model

      Assists physicians in detecting pre-cancerous growths, potentially addressing 19 million colonoscopies annually.
      Charles Sternberg, Assistant Editor 04.15.21


    • Acutus Medical Receives FDA Clearance of AcQCross

      Acutus Medical Receives FDA Clearance of AcQCross

      Product family targets more than 300,000 annual U.S. electrophysiology and structural heart procedures.
      Michael Barbella, Managing Editor 04.15.21

    • Thermo Fisher Scientific to Acquire PPD for $17.4 Billion

      Thermo Fisher Scientific to Acquire PPD for $17.4 Billion

      The deal establishes Thermo Fisher as a global leader in the high-growth clinical research services industry.
      Michael Barbella, Managing Editor 04.15.21

    • Portable Medical Devices Market to Reach $100 Billion by 2027

      Portable Medical Devices Market to Reach $100 Billion by 2027

      Sector to grow 8.5 percent annually over the next six years, driven by an increased awareness of overall health and fitness.
      Michael Barbella, Managing Editor 04.15.21


    Trending
    • Portable, Home-Use Device Quickly Measures Inflammation Levels
    • Survey: Remote Patient Monitoring To Match Or Surpass In-Patient Within Five Years
    • Harnessing Critical Health Data With Wearable Technology
    • 5 Ways Plastics Revolutionized The Healthcare Industry
    • Device Designed To Permanently Replace Failing Human Hearts
    Breaking News
    • FDA Grants 510(k) Clearance to LivaNova’s B-Capta
    • Gynesonics Appoints Susan Stimson to Its Board of Directors
    • Piezo Motion Debuts Piezoelectric Micro-Dosing Pump
    • Riva Health Raises $15.5 Million for Breakthrough Mobile Cardiology Technology
    • Abbott Begins Shipping Rapid COVID Self-Tests
    View Breaking News >
    CURRENT ISSUE

    April 2021

    • Transporting Treatment: An Examination of Tubing Technologies
    • Face to (Virtual) Face: Telemedicine Now and Post-Pandemic
    • Outward Appearance: Reviewing Surface Treatment Options
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Longvida Curcumin Extract Receives ANVISA Approval in Brazil
    Curcugen Curcumin Formulation Evidenced to Attenuate Post-Exercise Inflammation
    Good Rāz Launches Taste-Free Vitamin D3 Drops
    Coatings World

    Latest Breaking News From Coatings World

    USGBC Releases Results of 2021 Green Building Community Survey
    PPG Publishes Sustainability Report
    Sherwin-Williams Launches Echelon
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    FDA Grants 510(k) Clearance to LivaNova’s B-Capta
    Gynesonics Appoints Susan Stimson to Its Board of Directors
    Piezo Motion Debuts Piezoelectric Micro-Dosing Pump
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Evotec to Build Second Biologics Mfg. Facility in Toulouse
    Adare Pharma Names Ludger Roedder President of Adare Biome
    Johnson & Johnson 1Q Results
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Donginbi Launches Men’s Skincare Collection
    Kiehl’s Launches Pouch Refillables
    Skin Match Technology Partners with Men-Only Grooming Platforms
    Happi

    Latest Breaking News From Happi

    Robertet Appoints Reichert as Perfumer
    Kiehl’s Launches Sustainable Pouch Refillables for Hair Care, Skin Care
    New OTC Natural Hemp Pain Relief Gel Arrives at cbdMD
    Ink World

    Latest Breaking News From Ink World

    Kumon North America Adds Speedmaster XL 106 from Heidelberg
    SE-DA Invests in Kornit Presto S
    Acrylic Resins Market Worth $21.9 Billion by 2025: MarketsandMarkets
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    PPG releases 2020 Sustainability Report
    GAA merges with AIMCAL
    Acucote expands Insights educational program
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Glatfelter GlatClean Nominated for World of Wipes Innovation Award
    P&G’s Sales Up 5%
    Ontex Tests Industrial Scale Diaper Composting
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    SeaSpine Begins Limited Rollout of WaveForm TO 3D-Printed Interbodies
    Spinal Elements' Lucent 3D Additive Manufactured Interbodies Earn FDA Nod
    Conformis, Paragon 28 Ink Licensing Deal
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    SEMI Appoints imec, Soitec Executives to Europe Advisory Board
    NREL Takes Novel Approach to 3D-Printed Water Power Prototypes
    Canatu Manufactures World’s Thinnest Free-standing CNB Membrane

    Copyright © 2021 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login