August 6, 2013
LifeNexus, a San Francisco startup looking to replace the traditional insurance card with a digital version, raised $4 million from undisclosed angel investors and one undisclosed fund, bringing the company's total funding to $11.9 million. CEO David Strand said an additional $3 million round is closing soon.
The company offers a system called iChip, which Strand described to MobiHealthNews as a...
August 6, 2013
A month ago, Healthbox launched a new accelerator class in Nashville, Tennessee. This week, the program announced the Nashville-based Hospital Corporation of America, a healthcare service provider, has joined as a sponsor. Because of the announcement, Healthbox extended the Nashville application deadline three more days, to August 7th. Founded in Nashville in 1968, HCA currently operates 161...
August 5, 2013
BioBeats, a new company from Basis Science Founder Nadeem Kassam, raised $650,000 in a round of funding. Contributors to this round included Will Smith, producer Scooter Braun, entertainment lawyer Ken Hertz, CEO of AAM Mark Beaven, actor Damon Wayans, Cantora Records, musician Justin Boreta, ENIAC Ventures, Zhen Fund, and angel investor Gotham Chopra.
As the adoption of health sensors into daily...
July 31, 2013
Autism researchers at the University of Kansas received a $1.2 million grant from National Institute on Deafness and Other Communication Disorders, Communication Intervention for Preschoolers Learning to use AAC (CI-PAAC) to test iPad app to help children with social communication.
Many young children with autism have communication barriers, and while alternative and augmentative...
July 30, 2013
Proteus Biomedical's Raisin system
Halfway through the year, there have already been some major funding stories for mobile health companies. From wearable device companies to a mobile clinical software developer, these funding stories have mentioned trends, goals and important VCs in the field. While MobiHealthNews' state of the industry Q1 2013 and Q2 2013 reports delve deeper into the...
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...
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...
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...
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.
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...