Investors

By Jonah Comstock August 18, 2014
The transaction for Practice Fusion's acquisition of Ringadoc included a transfer of $2 million in Practice Fusion equity, according to an SEC document. It's unclear exactly how the equity sale fits in with the acquisition, but in all likelihood Ringadoc's investors and owners now hold a $2 million stake in Practice Fusion. “Practice Fusion filed a Form D yesterday with the SEC in connection with...
By Jonah Comstock August 14, 2014
A Stayhealthy HealthCenter kiosk. Health kiosk startup higi has merged with Stayhealthy, another mobile health company that also has a health kiosk business. The two announced the merger last week. The new company will apparently still be known as higi. Higi's Jeff Bennett will stay on as CEO, while Stayhealthy CEO John Collins will take on the role of Vice Chairman and Director of Innovation...
By Aditi Pai August 14, 2014
By the end of the second quarter this year, digital health funding had already surpassed the total funding for 2014, according to a June 2014 report from Rock Health. This growth also shows in the top funded companies for the first half of the year. While Proteus Digital Health received the largest investment in the first half of 2014 as well as the first half of 2013, last year Proteus raised $...
By Jonah Comstock August 13, 2014
Durham, North Carolina-based health data platform company Validic has raised $5 million in first round funding, co-led by Greycroft Partners and SJF Ventures. Existing VCs and angels also contributed, according to Validic CEO Ryan Beckland. Beckland says the funding round, which brings Validic's total funding to a little over $7 million, will help them keep up with fast growth and tremendous...
By Aditi Pai August 13, 2014
Severna Park, Maryland-based mobile sleep apnea-focused company Appian Medical has raised $580,000 from angel investors to conduct validation studies and apply for FDA 510(k) clearance for its app. Appian CEO Michael Thomas told MobiHealthNews they are also starting talks with investors to raise their series A funding round. Thomas was formerly the CEO of asthma monitoring company iSonea. Appian...
By Aditi Pai August 12, 2014
Redwood, California-based wearable technology maker Athos raised $12.2 million in a round led by DCM, with additional funding from True Ventures, NBA team Golden State Warriors Managing Partner Joe Lacob, Golden State Warriors player Jermaine O’Neal, and existing investor The Social+Capital Partnership. The company will use the funds to commercialize its fitness apparel line that Athos aims to...
By Aditi Pai August 12, 2014
Palo Alto, California-based health app maker Azumio raised $916,000, according to an SEC filing. This brings the company's total announced funding to $3.4 million. Existing Azumio investors include Founders Fund, Accel Partners, and Felicis Ventures. Although Azumio declined to comment on the funding, the filing suggest five investors participated in this round. Azumio has developed 24 apps...
By Jonah Comstock August 12, 2014
Iowa-based TelePharm has raised $2.5 million from venture capitalist John Pappajohn and Bruce Rastetter, president of the Iowa state Board of Regents. The company, which is also a member of the Rock Health accelerator, will use the funds to scale its business, which connects pharmacists to one another and to patients via cloud-based mobile apps. "I think the pharmacists’ position is changing,"...
By Aditi Pai August 11, 2014
Louisville, Kentucky-based smart toothbrush maker Beam Technologies raised $5 million in a round led by Drive Capital for its manual smartphone connected toothbrush. This brings the company's total announced funding to date to $5.5 million. "We've been working hard to transform the mundane two minutes people spend brushing their teeth to create a highly engaging user experience -- so much so that...
By Aditi Pai August 11, 2014
New York City-based mobile medical record system CareDox raised $2.5 million, according to an SEC filing. The filing also notes that they company aims to raise a total of just over $3 million. CareDox has raised around $4 million to date. Existing CareDox investors include First Round Capital, Charles River Ventures, Band of Angels, and Giza Ventures. Schools and parents can use CareDox's online...