Investors

By Brian Dolan March 10, 2014
Tomorrow Networks, a joint venture between mobile clinical resources company Physicians Interactive and New York City-based Remedy Systems, has been acquired in full by Physicians Interactive. Tomorrow Networks billed itself as a mobile advertising network that serve ads specifically targeted to healthcare providers and patients based on their specialties, conditions, and locations -- among other...
By Brian Dolan March 6, 2014
Steve Krupa, Managing Member, Psilos "We are about to have a significant flip in the competitive dynamics of healthcare," Steve Krupa, managing member and Chief Operating Officer, of healthcare investment firm Psilos told MobiHealthNews in a recent interview. "It’s going to be quite severe and shocking across the board for the big and small players delivering health insurance, providers, and...
By Jonah Comstock March 4, 2014
Basis Science, the activity tracker company that makes the high-end Basis B1 Band, has reportedly been purchased by Intel for between $100 million and $150 million, TechCrunch has learned. The publication had previously reported that Basis was soliciting Google, Apple, Samsung, and Microsoft and was seeking a figure below $100 million. If true, the buy would be a positive return for Basis...
By Aditi Pai March 3, 2014
Software company goBalto has raised $5 million from existing investors Aberdare, West Health, EDBI, and Qualcomm Health. goBalto has raised close to $18 million to date. GoBalto's main product, Tracker 2.0, offers clinicians a software-as-a-service clinical research platform for "study startup", which is the process of collecting, reviewing, and approving hundreds or thousands of clinical...
By Aditi Pai February 27, 2014
New York-based Everyday Health filed for an initial public offering that it expects will raise up to $115 million, according to SEC documents. The joint book-running managers for the IPO are J.P. Morgan Securities, Credit Suisse Securities (USA), and Citigroup Global Markets. Everyday Health offers users an app and web tool to aggregate health information on a variety of topics, including...
By Aditi Pai February 26, 2014
Diabetes app maker mySugr, which is based in Austria and the US, raised a few million euros in an investment round led by XL Health and Puspok. Johann Hansmann, an angel investor that has previously invested in Runtastic, also participated. mySugr had previously raised another round from Hansmann and Austria's state owned investment bank, AWS. mySugr's app recently topped 100,000 registered users...
By Aditi Pai February 25, 2014
Hearst Corporation subsidiary Hearst Health Ventures, a corporate venture fund, announced an undisclosed investment in Tonic Health, a company that develops medical data collection platforms, yesterday. As part of the investment, Hearst Health Ventures Managing Director Ellen Koskinas will join the Tonic Health Board of Directors. “With Hearst Health Ventures, we are looking for innovative...
By Jonah Comstock February 24, 2014
An ear-worn heart monitor, from Quanttus co-founder David He's MIT thesis. Cambridge, Massachusetts-based Quanttus, a stealthy MIT startup working on wearable vital sign monitoring, has raised $19 million in first round funding from Khosla Ventures and Matrix Partners. The company has previously raised $3 million in seed funds from Vinod Khosla. “Quanttus is pushing monitoring into many high...
By Jonah Comstock February 20, 2014
Rochester, Minnesota-based Ambient Clinical Analytics, a startup that will soon begin selling mobile hospital data management tools developed at the Mayo Clinic, has raised $1.1 million from the Social+Capital Partnership, Rock Health, and the Mayo Clinic itself. "Fifteen to 20 years ago, the medical technology world was swept by analytics-based business intelligence and process intelligence...
By Jonah Comstock February 19, 2014
Optum, a division of the UnitedHealth Group, has purchased a majority stake in Audax Health Solutions in a deal "which included cash, options, preferred stock, and significant working capital," according to Audax. Around the same time, Audax filed a $29 million funding raise with the SEC. It's likely that Optum's investment was contained within that round. UPDATE: Audax has told MobiHealthNews...

Editor's Pick