Blue Spark Technologies of Westlake announces $40 million fundraise

Blue Spark Technologies Inc., a Westlake company that makes wearable remote patient monitoring devices, announced it has raised $40 million in growth funding led by Ghost Tree Partners with support from professional services firm Aon plc (NYSE: AON).

The funding will go toward “scaling the company’s sales and marketing functions and the continued advancement of Blue Spark’s wearable remote patient monitoring solutions,” the company said in a news release issued Monday morning, April 18.

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Story excerpt provided by Crain’s Cleveland Business.

Written by Scott Suttell.

Originally published April 18, 2022.