Cerracap Ventures Celebrates Successful Exit As Resmed Acquires Portfolio Company Somnoware Healthcare Systems Inc.
Acquiring Company
ResMed
Acquired Company
Somnoware
San DiegoCosta MesaMobileHealth CareSportsMedical DeviceSoftwareMobileHealth CareDescription
CerraCap Ventures, a leading venture capital firm specializing in early-stage investments, is excited to announce the successful exit of their fund's portfolio company, Somnoware Healthcare Systems Inc., through its acquisition by ResMed, a global leader in sleep and respiratory care. This significant milestone marks a new chapter in Somnoware's journey as it continues to accelerate its expansion in sleep, respiratory care, and additional healthcare markets.
Quick answer
ResMed is acquiring Somnoware, announced July 19, 2023. ResMed is based in San Diego, California, United States.
- How much did ResMed pay for Somnoware?
- The deal value was not disclosed.
- What does ResMed do?
- At ResMed (NYSE: RMD, ASX: RMD) we pioneer innovative solutions that treat and keep people out of the hospital, empowering them to live healthier, higher-quality lives.
- Where are ResMed and Somnoware based?
- ResMed is based in San Diego, California, United States. Somnoware is based in Costa Mesa, California, United States.
- Who are the decision-makers at ResMed?
- Fundz holds 3 contacts at ResMed. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Mobile and Sports
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Resmed Acquires Somnoware, A Leader In Digital Sleep And Respiratory Care Diagnostics Software (July 5, 2023)
- Theken Companies Acquires Visionair Solutions (August 22, 2023)
- Md Revolution Acquires Navcare To Expand Remote Patient Care Management Services (August 1, 2023)
- Radon Medical Imaging Announces Acquisition Of Tristate Biomedical Solutions (July 11, 2023)
- Sunmed To Acquire Avanos Medical’S Respiratory Health Business (June 8, 2023)
- Veritas Farms Acquires Asystem And Asystem Labs As Part Of Growth Strategy To Build The Next Generation Of Innovative Wellness Brands (August 28, 2023)
Who to call at ResMed, and when
When ResMed changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day ResMed raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at ResMed, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Somnoware?
Somnoware was acquired by ResMed, based in San Diego. The deal was reported on July 19, 2023. At ResMed (NYSE: RMD, ASX: RMD) we pioneer innovative solutions that treat and keep people out of the hospital, empowering them to live healthier, higher-quality lives. ResMed is publicly traded (RMD) and operates in Mobile.
When did ResMed acquire Somnoware?
ResMed's acquisition of Somnoware was reported on July 19, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Somnoware do?
The platform orchestrates data flow between 100+ medical devices, unifies datasets within a single platform, delivers high-impact analytics, enables faster diagnosis, proactive intervention, & automated patient engagement. It is privately held, operating in Software, and is based in Costa Mesa.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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