Investors

By MHN Staff July 20, 2009
BiancaMed announced today that it has received an additional €6 million funding. This new capital will allow the company to expand its core team, accelerate the launch of several innovative consumer products with existing ‘go-to-market’ partners targeting the wellness space, and continue the development of clinical products targeting unmet needs in areas, such as sleep apnoea screening and...
By Brian Dolan July 20, 2009
BiancaMed, a Dublin, Ireland-based developer of monitoring technology for sleep apnea diagnosis and other sleep or breathing related conditions, has raised €6  million ($9.8 million) in its second round of venture capital. The company's technology includes contact-free wireless sensors for heart rate and breathing. Seventure Partners led the latest investment round with return investors ePlanet,...
By MHN Staff July 15, 2009
Combined Company Positioned to Leverage Technological and Protective Benefits of Patents Applied to Both Mobile and Online Consumer Behavioral Targeted Marketing PHOENIX and NEW YORK, July 14, 2009 — Modavox, Inc. (OTCBB:MDVX), Internet broadcasting pioneer and holder of several patented technologies, announced today that the Company has completed the acquisition of Augme Mobile(tm), a leader in...
By Brian Dolan July 15, 2009
In late April Augme Mobile, a consumer mobile marketing company, announced a joint venture with Brandofino Communications to form Augme Mobile Health, a specialist in mobile marketing technology for the pharmaceutical industry. This week online broadcasting company Modavox completed its acquisition of Augme Mobile and with it, Augme Mobile Health. "I see so many possibilities for mobile...
By MHN Staff July 14, 2009
MINNEAPOLIS, July 14 /PRNewswire-FirstCall/ — Biotel Inc. (OTC Bulletin Board: BTEL) today announced that CardioNet has advised Biotel that it is terminating the Merger Agreement with Biotel due to a failure of Biotel to comply with the terms of the agreement. Biotel believes it has complied with all terms of the agreement and that CardioNet’s claim is without merit and inconsistent with...
By Brian Dolan July 14, 2009
It's been a tough couple of months for wireless arrhythmia monitoring company CardioNet: The company has terminated its plans to acquire Minnesota-based Biotel, which has its own cardiac arrhythmia monitoring business, an experienced design and development team plus manufacturing capabilities that were set to support CardioNet's growing business. The deal was originally pegged at $14 million but...
By Brian Dolan July 1, 2009
Texas-based arrythmia monitoring provider eCardio announced today an undisclosed minority investment from Sequoia Capital. This investment marks the first round of institutional funding for the company since its founding in 2004. Sequoia has previously invested in Apple, Cisco, PayPal, Google, Oracle, Yahoo, YouTube and other well-known tech companies.  "eCardio has experienced tremendous growth...
By Brian Dolan July 1, 2009
Apple's senior director of worldwide product development for the iPhone recently left the company to join venture capital firm Opus Capital as a general partner. Bob Borchers, 43, previously worked at Nokia and Nike before joining Apple in 2004. Borchers told VentureWire he won't be leaving the wireless industry: his focus at Opus will include wireless and medicine as well as mobile marketing...
By Brian Dolan May 1, 2009
Who says there's no money to be made in the mHealth industry? Mobile authentication and security company Diversinet reported revenues of more than $2 million for the first quarter this year, including more than $1.6 million from additional customers it acquired through its relationship with AllOne Health.  The extra revenues helped Diversinet swing to a net profit of $182,000 compared to a net...
By Brian Dolan April 20, 2009
Photo Credit: Datadyne.org Last week Vital Wave Consulting noted that a number of large technology vendors have made investments in mobile health initiatives for developed markets. Vital Wave pointed out that the timing was probably meant to coincide with the U.S. government's plan to invest $20 billion into modernizing healthcare. GE and Intel recently announced a joint $250 million investment...