Investors

By Aditi Pai 08:25 am April 24, 2014
Social networking giant Facebook has acquired Finland-based fitness app maker Protogeo for an undisclosed sum, according to a blog post from ProtoGeo. The company's high-profile app, called Moves, passively tracks a user's daily activity using the phone's built-in accelerometer in order to provide all-day tracking without killing the phone’s battery. To keep track of where the user goes, Moves...
By Jonah Comstock 08:19 am April 24, 2014
Employee wellness programs have been one of the largest stakeholder groups to see the potential of wearable activity trackers -- ever since they hit the scene a few years ago. But hard data on how those trackers affect employee wellness hasn't been too common. The Vitality Group, a US subsidiary of South Africa's Discovery Health, has released data from a three-year study of data collected...
By Aditi Pai 07:50 am April 24, 2014
Almost 90 percent of Americans say they would make their personal health data available to researchers to help them better understand a disease or to improve care and treatment options, according to a survey of 1,001 Americans over the age of 18 conducted by research firm Kelton and healthcare communications firm Makovsky Health. Within this group, 26 percent of consumers would share regardless...
By Aditi Pai 07:02 am April 23, 2014
Sotera Wireless's ViSi Mobile monitor. Medical device maker Sotera Wireless raised $20 million in equity, securities, and options, according to a filing in the SEC. This brings their total announced funding to almost $50 million. The filing also shows that Sotera hopes to raise another $33 million. Existing Sotera investors include Safeguard Scientifics, Delphi Ventures, Sanderling Ventures,...
By Brian Dolan 09:27 am April 22, 2014
Provo-based newborn wearable device maker Owlet has raised $1.85 million in funding from a mix of investors that included R/GA, Techstars, Azimuth Ventures, Life Sciences Angel Network, Utah-based Peak Ventures, Eniac Ventures, ff Ventures, Brand Band Project and John Ason, an early investor in Diapers.com, according to a report from Dow Jones. Owlet did not respond to a request for more...
By Aditi Pai 08:16 am April 22, 2014
Instructional video fitness app maker Fitnet raised $1.4 million from Valleys’ Ventures and CIT Gap Funds for its fitness app, Fitnet. Before this funding round, Fitnet was awarded a $300,000 grant from the National Science Foundation and with some startup capital from the founder, the company's total funding to date is just under $2 million. Fitnet's iOS apps offers users guided workouts that...
By Aditi Pai 06:28 am April 22, 2014
Jill Seidman Chicago-based digital health accelerator Healthbox Global Partners, Healthbox's parent company since 2013, raised $7 million. The round was led by Intermountain Healthcare, Health Care Service Corporation, and Chicago Pacific Founders. Healthbox will use the funds to launch three new business units. Since its founding, this is the first time strategic investors have invested in...
By Jonah Comstock 01:38 pm April 21, 2014
Weight Watchers is in talks to acquire virtual fitness coaching startup Wello, according to a report from TechCrunch. Wello, a Rock Health company, launched in July 2012. The company connects people to professional trainers via two-way video messaging. Users can choose a trainer or discipline that's most interesting to them. In November 2012 they raised $1 million from Kleiner Perkins, Mohr...
By Jonah Comstock 08:53 am April 21, 2014
The Smart Bra concept from First Warning's 2012 YouTube video. First Warning Systems, the Reno, Nevada-based company that's working on wearable sensors for early detection of breast cancer, has raised $560,000, according to CEO Rob Royea. Steven Welch, a private investor and former COO of BP (not to be confused with DreamIt Health founder Steve Welch) led the round with a $300,000 contribution...
By Jonah Comstock 09:01 am April 17, 2014
The Inspiromatic inhaler. Biopharmaceutical company Opko Health has acquired Israeli smart inhaler company Inspiro Medical for a sum in "the low eight figures", according to Opko's Director of Strategic Investment Les Funtleyder. The company will be using Inspiro's Inspiromatic technology to develop an app-connected inhaler that will be bundled with a forthcoming new drug for asthma, COPD, and...