Investors

By Aditi Pai July 1, 2013
OneSight's Mission Trip - Nairobi, Kenya Somerville, Massachusetts-based EyeNetra, which has developed a mobile-enabled eye diagnostic tool raised $2 million in funding last week, according to an SEC filing. EyeNetra hopes to serve the 2.4 billion people worldwide that don't have glasses, but need them. The MIT Media Lab Camera Culture Group spinoff allows anyone to take an eye exam using the...
By Brian Dolan October 12, 2009
According to a recent report from Pike & Fischer, the market for telemedicine devices and services will climb to $3.6 billion in annual revenue over the next five years largely thanks for a push from wireless technologies, data compression and smartphones. Telemedicine will be dominated by wireless technologies during that time period: More than 70 percent of telemedicine will be wireless...
By Brian Dolan October 12, 2009
LVER SPRING, MD -- 10/06/09 -- The market for telemedicine devices and services will generate nearly $3.6 billion in annual revenue within the next five years, with mobile-services companies taking a sizeable chunk of that business, market research firm Pike & Fischer projects in a new report. The need to control costs, along with the development and expansion of faster wireless broadband...
By Brian Dolan September 4, 2009
According to a report by MedMarket Diligence, investments and other financings into the medical technology market have topped $400 million during both July and August. September is expected to bring another month with more than $400 million in investments. Wireless sensing and communications developer CardioMEMS was one medtech company that scooped up funding last month: the company announced a $...
By Brian Dolan September 2, 2009
There has been a highly speculative and questionable rumor floating around that Philips is interested in buying wireless cardiac monitoring company CardioNet. The company has had a string of bad news lately as Highmark Medicare Services officially reduced reimbursement for the company's services starting yesterday. CardioNet is also facing class action lawsuits related to the reimbursement cut....
By Brian Dolan September 2, 2009
The Center for Technology and Aging announced a $500,000 grant program for medication optimization, which includes adherence and related issues. The center is offering up to six one-year grants to organizations that propose programs that benefit older adults in California. One or two grants will be made available to those groups with programs in other areas, the center said. "Programs eligible...
By Brian Dolan September 2, 2009
One-Year Grants Designed to Identify Ways to Rapidly Spread Technologies That Can Reduce $290 Billion in Non-Adherence and $47 Billion in Drug-Related Hospitalizations Annually in U.S. OAKLAND, Calif. - The Center for Technology and Aging today released grant application guidelines for a $500,000 Medication Optimization Diffusion Grants Program. Up to six one-year grants will be made to...
By Brian Dolan August 27, 2009
BL Healthcare scooped up $3 million of a planned $5 million investment round, according to Mass High Tech. The company secured the money  through the placement of preferred stock and warrants but the funders remain undisclosed. BL Healthcare developed a platform called TVx, which receives a patient's health information from various Bluetooth-enabled wireless devices in the home and displays the...
By Brian Dolan August 26, 2009
Wireless sensing and communications developer CardioMEMS just announced that it had completed a $22.1 million round of financing. The company said that the additional funds will bankroll its heart failure clinical trial, which was initiated in September of 2007 and is currently taking place in more than 65 heart centers across the U.S. CardioMEMS first announced its heart failure pressure...
By Brian Dolan August 25, 2009
Matthew Connor, a rising junior at Princeton University received a $100,000 grant from Center for Integration of Medicine and Innovative Technology (CIMIT) to build a more in-depth online portal for his diabetes management iPhone app, Islet, which Connor and his brother launched last September. Islet enables diabetics to record what and how much they eat, their insulin injections, blood sugar...