Investors

By Jonah Comstock 09:29 am October 22, 2014
A new report from Kantar Media estimates that the value of the health and fitness wearable technology market in Great Britain is between £225 million and £375 million, or $360 million to $601 million. They estimate 13.1 million British people will be using health and fitness wearables by 2015, more than double the 6.7 million people (or about 10 percent of the country) tracking metrics like steps...
By Brian Dolan 08:48 am October 22, 2014
Bethesda, Maryland-based cellular-enabled blood glucose meter company Telcare has raised $32.5 million led by Norwest Venture Partners with participation from Mosaic Health Solutions and existing backers The Qualcomm Life Fund and Sequoia Capital. The latest round of funding takes Telcare's total disclosed funding to north of $60 million. Telcare offers a diabetes management package that includes...
By Aditi Pai 08:00 am October 22, 2014
Mountain View, California-based activity tracker maker Moov raised $3 million in a round led by Banyan Capital. The company's activity tracker contains sensors that can tell how a user moves, not just when they move, Moov CEO Meng Li told MobiHealthNews. For example, the device can be hooked around the user's ankle so that it tracks running form, or to a golf club to track a swing, or even to a...
By Aditi Pai 12:15 pm October 20, 2014
App developed by Club Apps San Francisco-based Netpulse, which offers fitness clubs software that connects fitness devices and apps to gym equipment, has acquired Atlanta, Georgia-based health club app maker, Club Apps for an undisclosed sum. As a part of the acquisition, Netpulse hired Club Apps President and Cofounder Kelly Sweeney as the company's VP of Sales. Netpulse also hired the rest...
By Aditi Pai 06:00 am October 18, 2014
Although MobiHealthNews published a crowdfunding roundup just two weeks ago, already, several more devices have cropped up on Indiegogo and Kickstarter. One device that launched an Indiegogo campaign recently, called Xmetrics, also announced a funding raise last week. Almost all of the devices listed offer activity tracking features, but most also have a significant emphasis on coaching, insights...
By Aditi Pai 07:42 am October 16, 2014
Italy-based Xmetrics raised $1.07 million (675,000 pounds) from Reply Breed, an accelerator spun out of Turin, Italy-based consulting firm Reply SpA, in exchange for 30 percent equity in Xmetrics. Xmetrics has developed a small device that hooks into the back of the swimmer's goggles. It counts strokes, measures how long the workout session lasted, and provides near real-time audio feedback...
By Aditi Pai 08:27 am October 15, 2014
Denver, Colorado-based Welltok raised $25 million in a round led by Bessemer Venture Partners (BVP). The company hopes to raise another $12 million by the end of this year. The $25 million brings the company's total funding to at least $72.7 million. (Correction: This article originally misstated the additional amount Welltok plans to raise this year.) Existing investors include IBM's Watson Fund...
By Aditi Pai 01:13 pm October 14, 2014
Almond Systems CEO Eswar Priyadarshan Palo Alto-based Almond Systems raised $9 million from Matrix Partners and Charles River Ventures to develop a product that helps people make healthy, personalized eating decisions. The company's founding team CEO Eswar Priyadarshan, VP of Creative Development Jon Altschuler,  and VP of Engineering Ravi Chittari were all previously Apple employees. Before...
By Jonah Comstock 10:08 am October 14, 2014
Tel Aviv, Israel and Palo Alto, California-based Hello Doctor has raised $700,000, according to a report from VentureBeat. The funding is from angel investors from Facebook, Google and some undisclosed pharmacy companies. BlueRun Ventures is a previous investor in the company. Hello Doctor is a mobile personal health record platform that allows a patient to access records from multiple healthcare...
By Jonah Comstock 09:02 am October 13, 2014
There are 115 dedicated healthcare accelerators worldwide, with 87 in the United States, according to a new report from the California HealthCare Foundation. The report, authored by Lisa Suennen, a prominent digital health investor who blogs under the name "Venture Valkyrie", includes university and corporate accelerators but doesn't count multiple sites (like Healthbox London and Healthbox...