Voalte, a provider of clinical communications technology at the point of care, said it plans to introduce additions to its product line by increasing research with development partners, and plans to hire 100 additional employees at its Sarasota, Florida campus.
Launched in 2009, Voalte provides clinical communications solutions to healthcare institutions through its innovative smartphone solution that allows nurses and clinicians to communicate directly through voice, alarms, and text.
The company said it recently completed $6 million in new Preferred B funding from strategic partners, led by a healthcare information technology leader and a major healthcare system. Per terms of the agreement, names of the strategic partners were not disclosed. Voalte officials added funding will boosts its core business areas and enable it to expand operations and hire employees at its production hub located at 3665 Bee Ridge Road.
"This funding will allow us to continue to develop the next generation of clinical communications solutions," said Voalte CEO Rob Campbell. "With the addition of these partners, we strengthen our ability to empower healthcare professionals to improve communications, ensure patient safety, and raise satisfaction."
In addition, funding from strategic partners follows a $250,000 grant Voalte received in 2011 from the Sarasota Economic Development Council to create 50 new jobs over three years and expand facilities.
"We began three years ago when institutions were hesitant to embrace the new technology," said Campbell. "Our growth during that time demonstrates the increasing demand for mobile solutions in healthcare. To date, we have over 20,000 clinical users and over 5,000 iPhones successfully deployed in hospitals nationwide. Our goal is to continue that growth and continue to fill those needs and demands."