Sierra Wireless (NASDAQ: SWIR) (TSX: SW) today announced a sponsorship program with MedStartr, the first crowdfunding platform created to fund healthcare projects, startups, and innovations that help people live longer, healthier lives. As an exclusive sponsor, Sierra Wireless is the preferred provider of wireless communications technology for MedStartr companies.
With healthcare costs continuously rising, technological innovation is a key to increasing efficiency and controlling costs while maintaining high quality patient care and effectively managing chronic diseases. As a sponsor of MedStartr, Sierra Wireless is leveraging its experience working with healthcare companies around the world to provide wireless connectivity for equipment that helps healthcare providers and their patients manage conditions like diabetes, sleep apnea, hypertension, and cognitive disabilities.
MedStartr’s unique, consultative approach for healthcare startup companies sets it apart from similar crowdfunding sites serving other industries. By collaborating with Sierra Wireless, MedStartr companies gain direct access to a full range of wireless connectivity solutions to accelerate their product development. Sierra Wireless solutions include a wide range of AirPrime™ embedded modules that provide 2G to 4G network access, a comprehensive set of development tools and software libraries to simplify their development process, and the AirVantage™ M2M Cloud, which provides management capabilities for devices in the field and enables the collection and integration of data from the devices with other back-end systems.
“We are very excited to have Sierra Wireless, a global leader in wireless communications, engaged with our innovative healthcare clients,” said Alex Fair, Founder and CEO of MedStartr. “Many of our projects have developed great ideas that can benefit from a wireless communications link, and having access to a partner like Sierra Wireless will help them integrate and deploy quickly, speeding time to market and improving their chance of success. Healthcare is an extremely partner-driven industry and partnering with Sierra Wireless is a great move for many of our clients as they develop geo-specific and self-quantification solutions that can make us all healthier.”