WaveMark, a developer of wireless technology for managing healthcare supply chains, has raised $2.8 million in convertible debt, the company disclosed in a regulatory filing on Wednesday. 19 separate investors participated in the offering.

WaveMark Inc. is dedicated to the improvement of the healthcare supply chain for all its participants. WaveMark specializes in solutions for the hospital, supplier, and ambulatory surgery center markets. The WaveMark product and service offerings use best-in-class RFID-based technology and web-based software for proven financial and operational improvements.

Since 2005, WaveMark has worked with specialty areas of the hospital and with medical device manufacturers to eliminate the expensive waste that permeates the physician preference supply chain. Solutions by WaveMark range from off-the-shelf, easy to install cabinet-based solutions to intricate integration strategies for global supply chains of major medical device manufacturers. WaveMark's hands-on experience with passive, 13.56 MHz RFID in settings throughout the healthcare supply chain make it the market-leader for tracking usage and inventory of high value products while providing intelligent decision tools for optimized financial results. The leadership team blends the best of industry with the known-how of healthcare executives to bring fresh, new approaches to old, intransigent problems.