Aug 3, 2005 Bio-Sense

 

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Bio-Sense raises $500,000 at $2m value

Bio-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.

Published by Globes [online] - www.globes.co.il - on August 3, 2005
 


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