News & Events – SonarMed

2018

February 7, 2018

SonarMed Announces Adoption of AirWave™ by Two New Institutions

Two California Hospitals using AirWave™ Monitoring System for NICU patients
SonarMed today announced the adoption of the AirWave™ Monitoring System for NICU patients by two leading children’s hospitals in California as part of the Company’s controlled-market roll-out: CHOC Children’s Hospital (CHOC) and Lucile Packard Children’s Hospital Stanford. These additional adoptions demonstrate the Company’s building momentum and the critical value provided by the AirWave for real-time, continuous endotracheal tube monitoring.

2017

October 24, 2017

SonarMed Completes $3 Million Series C Preferred Stock Financing

SonarMed today announced the completion of its Series C financing with proceeds totaling $3 million. The round was led by South Coast Angel Network, with participation from many of the Company’s initial investors, including VisionTech Partners, Spring Mill Venture Partners, and BioCrossroads through the Indiana Seed Fund I, plus new investments from several angel groups, including Queen City Angels, Hyde Park Angels, Baylor Angel Network, and Central Texas Angels Network.

2016

January 27, 2016

SonarMed receives FDA clearance for real-time monitoring device for endotracheal tubes in pediatric patients

SonarMed announced today that they received FDA 510(k) clearance for their AirWave Monitoring System for neonatal (newborn) and pediatric patients, a new device that provides real-time monitoring of the endotracheal tube, a tube inserted into the windpipe to aid in breathing. The SonarMed AirWave system pioneered the use of acoustic reflectometry to continuously monitor the endotracheal tube for movement and obstruction.

November 30, 2017

Inside INdiana Business