Irvine-based device maker Clinitraq Inc., a 3-year-old firm whose core product helps monitor healthcare workers’ exposure to radiation, is taking a three-month business trip to Kentucky.
The company last week was one of nine digital health startups selected by XLerateHealth, a Louisville, Ky.-based healthcare bootcamp.
It’s the eighth edition of the 12-week program, designed to help early-stage healthcare companies build out their commercialization strategy and introduce them to partners, VCs, and other investors.
XLH has worked with 66 startups in prior iterations of the bootcamp; it said that over 80% of these companies are still operational.
From Days to Seconds
Clinitraq makes “The Smart Radiation Dosimeter”—a dosimeter is a wearable device that measures a person’s exposure to external radiation that transmits precise readings in real time.
The technology “reduces the time for measuring cumulative doses from 60 days to 60 seconds,” and provides “over-the-air firmware updates, machine learning, and blockchain integration,” according to XLH.
NetObjex Connection
State records show the company is based at an office park near The District at Tustin Legacy shopping center, and it has ties to another company in the same building, NetObjex.
That company bills itself as an “Intelligent Automation Platform provider.” Its blockchain and AI-focused technology is designed for use in the energy, transportation and manufacturing industries, among other applications.
Both Clinitraq and NetObjex were founded by Raghu Bala, an ex-Yahoo, PwC, Infospace exec. His bio describes Bala as “a serial entrepreneur” who’s had three other successful exits.
NetObjex was recently accepted into a similar bootcamp in Austin, Texas.
Clinitraq’s website said its back-end IoT platform is powered by NetObjex’s technology.
Clinitraq is one of two SoCal companies invited to the Kentucky bootcamp, along with Los Angeles-based Hardin Scientific, a maker of laboratory equipment to aid research and diagnostic companies.
