Core Insights - AirStrip, a US-based healthcare technology company, has secured a $50 million growth credit facility and additional equity funding from OrbiMed to accelerate its growth strategy [1][4] - The funding will support the company's expansion in clinical surveillance, patient monitoring, alarm management, and decision support, addressing the rising demand for its offerings [1][2] Funding Utilization - The credit facility will be used to advance product innovation, expand go-to-market initiatives, and enable rapid deployment across hospitals and healthcare systems nationwide [2] - AirStrip currently collaborates with over 675 hospitals in the US, providing clinicians with secure access to near real-time clinical data via the internet and mobile devices [2][3] Market Expansion - With the new funding, AirStrip aims to expand into the broader hospital market of over 6,000 facilities, focusing on customer implementation, product development, and workforce growth [3] - The company's product portfolio includes continuous, mobile-enabled monitoring across various care settings, with clinical decision support solutions that transform fragmented data into actionable insights [3] Leadership Statements - AirStrip's CEO emphasized that the funding will enhance how clinicians access and act on critical clinical information, improving decision-making and patient safety [4] - OrbiMed's general partner highlighted AirStrip's potential and their excitement to support the company's next phase of growth and innovation [4]