Investors

By Brian Dolan March 26, 2014
The multibillion dollar tech news this week is that Facebook is set to acquire virtual reality gaming company Oculus for more than $2 billion. During a call with reporters and analysts following the announcement, Facebook CEO Mark Zuckerberg explained that while Oculus will continue to focus on gaming in the short term, the deal was more about placing a bet on the next big computing platform...
By Brian Dolan March 25, 2014
Intel has confirmed its rumored acquisition of Basis Science, the activity tracker company that makes the high-end Basis B1 Band. Earlier this year TechCrunch first reported the Intel deal and pegged it at between $100 million and $150 million, however, Intel did not disclose any financial details of the Basis acquisition. At the beginning of 2014, we reported on rumors that Basis was soliciting...
By Aditi Pai March 25, 2014
San Francisco-based SharePractice raised $1.3 million from Founders Fund, China Rock and Scrum Ventures this week. The company also launched its iOS app, which lets physicians evaluate and comment on different treatments that clinicians suggest to their patients. Physicians can share treatments, get feedback on treatments and protocols from other physicians, and favorite specific treatments and...
By Aditi Pai March 25, 2014
Patient education company WelVU raised $1.25 million from a group of angel investors last week. CEO Mark Friess told MobiHealthNews the company's basic WelVU app has seen 3,000 downloads from providers after a few months in the iTunes store. This year, the company launched two new products -- a WelVU Plus app and WelVU Premium app. WelVU's basic app for iPads and iPhones helps physicians create...
By Brian Dolan March 24, 2014
San Francisco-based Augmedix, which has developed a Google Glass clinical documentation offering for physicians raised $3.2 million last week in a round led by DCM and Emergence Capital Partners. Other investors included Great Oaks Venture Capital, Rock Health's LPs (Kleiner Perkins, Mohr Davidow Ventures, and Aberdare), and various angels. Emergence had previously invested in Doximity and...
By Aditi Pai March 19, 2014
Health management platform provider Welltok announced the acquisition of wellness app maker Mindbloom today. Welltok will incorporate Mindbloom into its CafeWell Health Optimization Platform. Financial details of the transaction were not released. Since its founding in 2008, Mindbloom has disclosed about $1.8 million in funding from Seattle-area angel investors. "Welltok, for some time, has been...
By Jonah Comstock March 18, 2014
Remote behavioral intervention startup AbilTo has raised $6 million in a second round of funding led by BlueCross BlueShield Venture Partners and Sandbox Industries. Also contributing to the round was .406 Ventures, which led a $3 million round for the company last year. AbilTo is focused on identifying and remotely treating mental health comorbidities that can negatively affect recovery from...
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...

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