While I have seen a lot of venture capital go to technology, it is fair to say that today that the VC community wants and demands a significant track record of growth and marketplace dominance before investments are made. Have followed many RTLS companies since 1999, some are still here, some are gone, but basically not one of them has been able to have the right business model with the right technological solution. In the healthcare market to drive improvements in workflow and productivity the RTLS technology must be cost affordable, be deployed across the "entire enterprise", provide minimal disruption to the enterprise, and then give you "realiable sub room" accuracy.
Awarepoint Corporation Closes $13.3 M Series D Financing Round. – Cardinal Partners Leads Investment and is joined by Venrock in Expansion Capital for Principal Provider of Real-Time Location Systems (RTLS). – November 25, 2008
