Investors

By Brian Dolan July 29, 2014
Digital medicine company Proteus Digital Health has raised an additional $52 million from undisclosed investors following a whopping $120 million raise the company announced just last month. That brings Proteus' latest round of funding -- its seventh -- to $172 million. By our count the company's total known funding is now close to $400 million, which makes it one of the most-funded, private...
By Aditi Pai July 24, 2014
This week, a Kickstarter crowdfunding campaign for a sleep sensor, called Sense, reached and surpassed its $100,000 goal on the same day it launched. And while this company's crowdfunding success was almost immediate, a few companies, which are still weeks from their goals, have been gaining funds steadily. Some other campaigns that have launched recently include a connected health platform, a...
By Jonah Comstock July 24, 2014
Catalyst, an internal iPad app developed by Medtronic. In a third-quarter earnings call with investors, Apple senior vice president and CFO Luca Maestri listed medical device giant Medtronic as a headline example of a company creating a lot of iOS apps to use internally. "Today companies have equipped millions of employees with iPhones and they’re seeing huge benefits in productivity, employee...
By Aditi Pai July 24, 2014
Mobile wellness social network developer PumpUp raised $2.4 million in a round led by General Catalyst Partners with additional investments from Azure Capital Partners, Relay Ventures, Freycinet Investments, and angel investors. The company plans to use the funds to hire engineers from Canada and the United States. The app offers users a photo-based social network on which they can share photos...
By Aditi Pai July 22, 2014
The New York Digital Health Accelerator has revealed the seven companies that will participate in its second class, which is sponsored by the State of New York, nonprofit New York e-Health Collaborative (NYeC), and the Partnership Fund for New York City. The program will run for four months and during that time, startups will receive mentorship, attend workshops, and receive about $100,000 in...
By Jonah Comstock July 21, 2014
Sensoria Fitness socks, which come with a snap-on anklet. Sensoria Fitness, the wearable sensor company formerly known as Heapsylon, has raised $5 million from Italian investor Reply SpA. In exchange, Reply SpA will acquire a hefty 20 percent interest in the company. Although Sensoria reported the raise in a press release, VentureBeat uncovered the amount. Reply SpA will also work with...
By Aditi Pai July 21, 2014
Roseland, New Jersey-based Epion Health raised $4.5 million in an investment led by investment firm Deerfield Management Company for its iPad-based patient check-in tool. Epion Health was in Healthbox's second Boston class, backed by Blue Cross Blue Shield Massachusetts. Staff at physician practices can use the tool in place of paper-based registration forms -- contact information, consent, and...
By Jonah Comstock July 18, 2014
Israel-based HelpAround, which makes an app that connects people with diabetes in the same immediate area, has raised $550,000 from Windham Venture Partners and angel investors Walter Winshall, Robert Oringer and former Harmonix COO Michael Dornbrook. Windham and the angel investors co-led the round. MobiHealthNews wrote about HelpAround earlier this year at HIMSS, where the company positioned...
By Jonah Comstock July 17, 2014
Healthcare information technology companies, including mobile and digital health companies, raised more than twice as much in total venture capital funding in the second quarter of 2014 as they did in the first, according to a new report from communications and consulting firm Mercom. "It was a quarter of several milestones," Raj Prabhu, CEO and cofounder of Mercom Capital Group, said in a...
By Aditi Pai July 17, 2014
Philadelphia accelerator DreamIt Ventures announced its next class of startups for its health-focused program, DreamIt Health. Independence Blue Cross (IBC) and Penn Medicine are sponsoring the class. Like its last class, each startup will be provided with up to $50,000 in funding, office space, mentoring, and resources for developing and testing health-related products. The incubator lasts four...