MobileHelp closes $5 Million funding round
December, 05, 2011
Monday, December 5, 2011
Boca Raton, Fla. MobileHelp an Integrity Tracking, LLC company announced today it has closed a $5 million funding round. MobileHelp, designs and develops remote monitoring technologies for seniors. The round was led by Art Cahoon, of Rock Creek Capital of Jacksonville, Fla and Conifer Partners of Thomasville, Ga.
MobileHelp is America’s premier Mobile Personal Emergency Response System (M-PERS). Launched at the end of 2009, MobileHelp has grown to over 50 employees and has subscribers in all 50 states. “This financing allows us to continue to scale our growing business nationwide. We are also pleased to have Mr. Cahoon and Mr. Raybon join our Board of Directors, we have been very fortunate to attract not only quality employees but quality advisors”, stated Rob Flippo, CEO of MobileHelp.
“Between the growth, market, and management team, MobileHelp is a great fit for Rock Creek. I look forward to being a part of their leadership team,” stated Art Cahoon, of Rock Creek Capital Partners.
Robert Raybon of Conifer Partners stated, "Conifer Partners is excited about the opportunity to partner with MobileHelp and to participate in such an exciting growth story. MobileHelp's management team fits the exact mold we look for in partners and we are thrilled to be part of the team. The company fills a
tremendous void in the PERS industry and we look forward to watching
adoption of this new and innovative technology."
MobileHelp is America's leading provider of M-PERS (Mobile-Personal Emergency Response System) technology. Based in Boca Raton, Florida, MobileHelp services clients in all 50 states. MobileHelp develops and distributes market leading products such as DUO, the first fully integrated medical alert system with GSM/GPS technology, SOLO, an innovative alert solution for people without home telephone lines and Classic Help, a traditional Medical Alert System. MobileHelp's M-PERS devices are integrated with nationwide wireless voice and data and GPS technology to provide real-time medical monitoring services and location tracking for expedited personal emergency assistance. MobileHelp also offers Caregiver Tools, an innovative event notification and online tracking platform for families and caregivers. MobileHelp, has built a reputation for quality and affordable solutions for personal protection and peace-of-mind in or away from your home. For sales or more information about MobileHelp, call 1-800-800-1710 or go online to www.mobilehelpnow.com.