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Bio-Sense raises $500,000 at $2m valueBio-Sense Technologies develops technology based on signal processing to monitor and analyze behavior of animals. August 3, 2005 -- Israeli start-up Bio-Sense Technologies has completed a
$500,000 financing round at a company value of $2 million, before money. Maayan
Technology Ventures (formerly the Initiative Center of the Negev) and two of its
shareholders led the round. Bio-Sense, located in the Maayan incubator, develops
technology based on signal processing to monitor and analyze behavior of
animals. Its technology is used in a variety of security, medical, and
agricultural applications. The company’s first commercial product is a security
system based on the behavior of guard dogs. The system is currently being
marketed to institutional and commercial market, and is also being distributed
to the private sector. For More Information Contact: |
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