Inspired Technologies Raises $2.8 M
May 13, 2010
Inspired Technologies has raised $2.8 million in funding, most of which came from local companies. Previous investors Draper Triangle and Birchmere Ventures participated; new this round was Smithfield Equity Partners, the angel network arm of Smithfield Trust. Inspired's CEO Rich Kocinski believes the capital infusion will allow the company to reach cash flow positive. The company's flagship product, SmartDose, is a portable oxygen device that automatically adjusts the dose of oxygen based on a user's activity level. Learn more about the technology at www.SmarterO2.com.
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