Investors

By Aditi Pai March 18, 2014
Israeli digital health device maker Tyto Care raised $4 million in a round led by OrbiMed Israel Partners with additional funding from LionBird. Tyto Care is developing a handheld device that can help patients examine their mouth, throat, eye, heart, lung, and skin. The device can also measure the patient's temperature. These exams can be guided by a physician online or guided by the device...
By Aditi Pai March 18, 2014
Atascadero, California-based brain training technology maker SenseLabs (formerly Neurotopia) raised $4 million, according to an SEC filing. The company has developed a tool to help athletes train themselves to be mentally stronger. To use the device, SenseLabs users wear its a brain sensing headset to  gather data the brain's electro-chemical activity, according to an old report from P3 Lab,...
By Brian Dolan March 17, 2014
Durham, North Carolina-based Validic recently announced a $1.25 million convertible note from SJF Ventures and undisclosed angel investors. Validic CEO Ryan Beckland told MobiHealthNews that the new investment brings the company's total up to $2.1 million to date, but really serves as a bridge to get it to its series A round, which it is in the process of raising now. Validic describes itself as...
By Brian Dolan March 17, 2014
On Friday Castlight Health debuted on the New York Stock Exchange with an IPO that raised about $180 million for the company, much more than it had previously estimated in SEC filings. The company's stock then ramped up more than 160 percent during the day and closed at a price that valued the company -- which only had $13 million in revenues last year, at more than $3 billion. Following the...
By Brian Dolan March 14, 2014
By Brian Dolan There is no shortage of sources for aggregate funding data for digital health companies, and while the overall numbers are helpful for hyping up growth of the digital health trend, more granular analyses of funding trends in digital health could prove to generate more insights about where funding dollars are going. Toward those ends, MobiHealthNews' newest paid report is an...
By Aditi Pai March 13, 2014
Scottsdale, Arizona-based Stat Health Services, which offers the online doctor visit service Stat Doctors, raised $3.5 million, according to an SEC filing. This brings the company's total funding to at least $8.8 million to date. The company told MobiHealthNews that it plans to release more details on the investment round later today. Stat Doctors helps patients contact doctors about medical...
By Jonah Comstock March 13, 2014
Corvallis, Oregon-based Kannact has raised $3 million in its first round funding from undisclosed angel investors. The company is working on an Android tablet-based home care and remote patient monitoring system called Gladstone. CEO Krishna Rao told MobiHealthNews that the funding will go to feasibility testing and development of the product, which has so far only been deployed in pilots. The...
By Aditi Pai March 12, 2014
Mobile operator Sprint's Mobile Health Accelerator announced the 10 companies that will participate in its three-month program in Kansas City. The accelerator is thanks to a partnership with TechStars, and the companies first announced the accelerator in September 2013. The 10 companies can receive up to $120,000 in funding, $20,000 upfront and the option to accept a $100,000 convertible debt...
By Jonah Comstock March 12, 2014
PatientSafe Solutions, maker of mobile hospital workflow system PatientTouch, has secured a $3 million strategic investment and resale agreement from Telus Health, the healthcare arm of Canadian mobile operator Telus. “This investment and exclusive reseller agreement is the latest validation of PatientSafe’s approach to supporting the future of healthcare on a global scale,” Joseph Condurso,...
By Aditi Pai March 11, 2014
Toronto, Canada-based mobile health company LionsGate Technologies (LGTMedical) raised $2 million to develop and test its smartphone attached pulse oximeter, called Phone Oximeter, according to a press release. Vancouver-based Coleco Investments CEO Irfhan Rajani invested $1 million and Grand Challenges Canada awarded LionsGate a $1 million grant. Phone Oximeter is a small device that attaches to...

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