Motorola and Cisco Systems-backed Vocera saw big gains after its flotation last week.

Motorola and Cisco Systems-backed Vocera Communications, which provides mobile technology for hospitals, raised $93.6m in its initial public offering (IPO) on Tuesday last week.

Vocera said 5.85m shares would be sold at $16, according to a filing with US regulator the Securities and Exchange Commission, above an initial range of  $12 per share to $14 per share it had set last month, according to another filing. Vocera’s share price closed up 38.1% on its flotation price at Tuesday’s…