Investors

By Aditi Pai July 26, 2013
Raleigh, North Carolina-based Axial Exchange, a mobile app developer, raised just under $5 million from undisclosed investors, according to an SEC filing. Axial Exchange is backed by a syndicate of venture capital firms, led by Canaan Partners. The company recently announced a series of enhancements to its mobile patient engagement app which include prioritizing elements related to day-to-day...
By Jonah Comstock July 18, 2013
Withings, the Paris-based maker of connected health devices, has raised $30 million in venture funding, only the second funding round for the 4-year-old company. The round was led by a $15 million contribution from Bpifrance with additional contributions by Idinvest Partners and 360 Capital Partners, and previous investor Ventech. Withings raised $3.8 million (3 million euros) from Ventech back...
By Jonah Comstock July 16, 2013
A Kit Check scanning station. Washington, DC-based Rock Health startup Kit Check has raised $10.4 million in a round of funding led by New Leaf Venture Partners. Sands Capital Ventures, Easton Capital Investment Group and LionBird also participated in the round. Although Kit Check has been in hospitals since April 2012, this is the company's first funding round of any kind. "We took the Rock...
By Aditi Pai July 15, 2013
Redwood City, California-based online therapy portal Breakthrough Behavioral raised $5 million in their first round of funding, according to Venture Beat. The Social+Capital Partnership led the round and First Round Capital and Great Oaks Venture Capital also participated. Last August, Breakthrough raised $900,000 in angel funding, bringing their total to $5.9 million. Breakthrough Behavioral...
By Jonah Comstock July 12, 2013
Caremerge, a Chicago-based company building software for assisted living facilities, has raised $2.1 million in funding from European investors. Grazyna Kulczyk, a Polish entrepreneur, led the round along with an undisclosed Swiss investor. The company provides care coordination and communication software to senior living communities with a HIPAA-compliant offering that allows residents' health...
By Aditi Pai July 10, 2013
This week, Healthbox launched a new accelerator program in partnership with BlueCross BlueShield in Nashville, Tennessee. Other Healthbox locations include Chicago, Boston, London and most recently, Jacksonville, Florida. Healthbox typically partners with the local Blue health plan in each of its locations. Nashville, home to 31 hospitals and more than 250 healthcare companies is "the Silicon...
By Aditi Pai July 1, 2013
OneSight's Mission Trip - Nairobi, Kenya Somerville, Massachusetts-based EyeNetra, which has developed a mobile-enabled eye diagnostic tool raised $2 million in funding last week, according to an SEC filing. EyeNetra hopes to serve the 2.4 billion people worldwide that don't have glasses, but need them. The MIT Media Lab Camera Culture Group spinoff allows anyone to take an eye exam using the...
By Brian Dolan October 12, 2009
According to a recent report from Pike & Fischer, the market for telemedicine devices and services will climb to $3.6 billion in annual revenue over the next five years largely thanks for a push from wireless technologies, data compression and smartphones. Telemedicine will be dominated by wireless technologies during that time period: More than 70 percent of telemedicine will be wireless...
By Brian Dolan October 12, 2009
LVER SPRING, MD -- 10/06/09 -- The market for telemedicine devices and services will generate nearly $3.6 billion in annual revenue within the next five years, with mobile-services companies taking a sizeable chunk of that business, market research firm Pike & Fischer projects in a new report. The need to control costs, along with the development and expansion of faster wireless broadband...
By Brian Dolan September 4, 2009
According to a report by MedMarket Diligence, investments and other financings into the medical technology market have topped $400 million during both July and August. September is expected to bring another month with more than $400 million in investments. Wireless sensing and communications developer CardioMEMS was one medtech company that scooped up funding last month: the company announced a $...