Investors

By Jonah Comstock May 8, 2014
HealthSpot, a Dublin, Ohio-based company building telemedicine kiosks for workplace and retail locations, has raised $8 million from undisclosed investors, bringing the current raise, which began in March 2013, to $18 million total. This is the company's first round since 2012 and brings their total known funding to $23 million. HealthSpot kiosks are designed for supermarkets, pharmacies, and...
By Aditi Pai May 7, 2014
Iagnosis, parent company of virtual visit skin care company DermatologistOnCall, raised $2.8 million from undisclosed angel investors. This brings Iagnosis' total funding to date to $8.8 million. Chief Strategy Officer and cofounder Larry Eakin told MobiHealthNews that he plans to use the funds for marketing efforts at DermatologistOnCall. To use DermatologistOnCall, which offers online, tablet,...
By Jonah Comstock May 7, 2014
The market for mobile health monitoring and diagnostics was worth $650 million in 2012, according to a new report from Transparency Market Research. The firm projects that the market will grow at a compound annual growth rate of 43.3 percent from 2013 to 2019. That will put the market at $8 billion in 2019. Transparency defines the mobile health monitoring and diagnostic space as smartphone-...
By Brian Dolan May 7, 2014
Cambridge, Massachusetts-based Segterra, developer of the InsideTracker platform, has raised $2.5 million in funding led by strategic investor Henry Kauftheil, who is chairman of real estate investment firm ACG Equities and CSO and co-founder of stealthy consumer health startup SelfHealth.me. The funding raise, which was first reported by Xconomy, brings the company's total up to $4 million since...
By Aditi Pai May 6, 2014
Evanston, Illinois-based SwipeSense, which is developing a smart hand hygiene sensor, raised $1.7 million, according to an SEC filing. This brings the company's total funding to at least $2.5 million to date. SwipeSense is a graduate of the accelerator Healthbox's first class, which was announced in December 2011. Healthbox helped fund SwipeSense's first round. The company aims to eliminate...
By Jonah Comstock May 6, 2014
Despite making an unprompted promise not to "commingle" data with Facebook at the time of the acquisition announcement, ProtoGeo, maker of the Moves app, has updated its privacy policy, possibly to do just that. The overhaul to the app's privacy terms is significant, with the previously 700-word document nearly doubling in length (it now comes in at 1,275 words). Some of that is just the reality...
By Brian Dolan May 6, 2014
Weight Watchers' ActiveLink device During its quarterly conference call with analysts last week, Weight Watchers confirmed that it had acquired Silicon Valley-based weight loss startup Wello for an undisclosed sum. The acquisition had been rumored for about a week leading up to the conference call. As Weight Watchers CEO Jim Chambers and CTO Dan Crowe explained on the call, the Wello...
By Aditi Pai May 6, 2014
Irvine, California-based activity tracking and coaching company Pear Sports raised $5 million in a round led by existing investors Innovate Partners and Nordic Ventures. Smart TV company VIZIO also joined the round as a strategic investor. Pear will use the funds to expand sales and marketing for its app as well as white-label product, which was announced in November and is called 'Powered by...
By Brian Dolan May 5, 2014
Medical device giant Covidien has acquired sports and medical wearables company Zephyr Technology, MobiHealthNews has learned. The company has raised more than $13 million since its founding in 2003 -- back when health-sensing wearables were a relative rarity. Zephyr's investors included 3M New Ventures, Alsop Louie Partners and Motorola Solutions Venture Capital. Neither Covidien nor Zephyr has...
By Aditi Pai May 2, 2014
New York City-based digital healthcare service, called Sherpaa, raised $4 million, according to an SEC filing. According to a report in March from the Wall Street Journal, Tumblr Funder David Karp invested at least $500,000 in the round. This brings Sherpaa's total announced funding to $5.85 million. Existing investors include O’Reilly Alpha Tech Ventures, First Round Capital, Collaborative Fund...