Piali De of Mill Road, CEO of Senscio Systems in Boxborough—a health care technology startup—has announced new financial backing for the company: a $1.5 million Series Seed raise, led by members of eCoast Angels and Walnut Venture Associates with participation from members of Golden Seeds and Northeast Angels, and a $650,000 Emerging Technology Fund loan from MassDevelopment, the state’s finance and development authority. Senscio Sytems will use the loan from MassDevelopment to make strategic hires and procure hardware for early deployments of IbisCare, the company’s first product. De describes IbisCare as a product that allows physicians to “manage their patients’ health in real time, based on knowledge about how their patients’ self-management is impacting their health.”
De announces funding for health-care technology company
