Voalte Accelerates Growth with $15 Million in New Capital and 2 New Executives

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Former Cerner Executive William Gish and Human Resources Professional Debora Craig Join Voalte to Drive Company Growth

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The combination of this new capital and the strengthening of our executive team position us perfectly for further growth and innovation.

Voalte, the leader in healthcare communication technology and No. 1 Secure Communications Platform as ranked by KLAS, today announced plans to accelerate company growth with access to $15 million in new capital from Silicon Valley Bank and the hiring of former Cerner Corporation executive William Gish as Chief Operating Officer, and Debora Craig as Human Resources Director.

“We have high aspirations for the company and the products we offer our customers,” said Trey Lauderdale, Founder and CEO of Voalte. “While we have experienced substantial growth over the past nine years, we plan to further accelerate that growth by investing in salespeople, marketing, R&D and increased project implementation capacity. The combination of this new capital and the strengthening of our executive team position us perfectly for further growth and innovation.”

“Voalte develops innovative solutions to transform the way teams collaborate on patient care,” said Scott McCarty, Director at Silicon Valley Bank. “We are excited to support the Voalte team.”

In addition to the new capital, Voalte announced that two executives have joined the company to support its ongoing growth. William Gish brings to Voalte more than 25 years of executive experience in the healthcare technology and telecommunications industries, including more than 12 years at Cerner. As Chief Operating Officer, he will assume direct responsibility for the Engineering, Product, Finance, Human Resources and Services departments, and will lead the company’s daily operations.

“Bill has been a tremendous asset to Voalte as a member of the Board of Directors for the past 6 years,” said Lauderdale. “As a seasoned veteran of the healthcare technology market, he is a proven leader who can help us improve our operational efficiencies to enable continued growth and overall company success.”

With over 25 years of experience in Human Resources, Debora Craig has created organizational development strategies for companies of various sizes and across industries. She is highly regarded for her expertise in creating leadership training and employee development programs, office growth plans and strategic growth initiatives. As Human Resources Director, she will assume responsibility for Human Resources, and employee growth and development.

About Voalte
Voalte develops smartphone solutions that simplify caregiver communication. Ranked number-one and named 2017 Category Leader in the Best in KLAS: Software & Services report for the Secure Communications Platform segment, Voalte is the only company to offer a comprehensive Mobile Communication Strategy that enables care teams inside and outside the hospital to access and exchange information securely. Founded in 2008, Voalte is a privately held company based in Sarasota, Florida. Voalte solutions are now available to more than 132,000 caregivers throughout the United States. For more information, visit voalte.com or follow @Voalte on Twitter.

About Silicon Valley Bank
For more than 30 years, Silicon Valley Bank (SVB) has helped innovative companies and their investors move bold ideas forward, fast. SVB provides targeted financial services and expertise through its offices in innovation centers around the world. With commercial, international and private banking services, SVB helps address the unique needs of innovators. Learn more at svb.com.

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Naila Maroon
Voalte
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