Investors

By Jonah Comstock 06:40 am February 20, 2014
Rochester, Minnesota-based Ambient Clinical Analytics, a startup that will soon begin selling mobile hospital data management tools developed at the Mayo Clinic, has raised $1.1 million from the Social+Capital Partnership, Rock Health, and the Mayo Clinic itself. "Fifteen to 20 years ago, the medical technology world was swept by analytics-based business intelligence and process intelligence...
By Jonah Comstock 12:31 pm February 19, 2014
Optum, a division of the UnitedHealth Group, has purchased a majority stake in Audax Health Solutions in a deal "which included cash, options, preferred stock, and significant working capital," according to Audax. Around the same time, Audax filed a $29 million funding raise with the SEC. It's likely that Optum's investment was contained within that round. UPDATE: Audax has told MobiHealthNews...
By Aditi Pai 10:40 am February 19, 2014
San Diego, California-based MD Revolution, which launched its online wellness coaching platform RevUp! at CES this year, raised $7 million from angel investors. This raise brings MD Revolution's total funding to $8 million. In conjunction with the funding, MD Revolution announced that it named Jean Balgrosky, co-founder of Bootstrap Incubation and Andy Sassine, former portfolio manager for...
By Aditi Pai 07:33 am February 19, 2014
Berlin, Germany-based Clue, maker of a fertility tracking app, raised $680,000 (500,000 euros) in a round led by angel Christophe Maire, with additional funding from Joanne Wilson, New York-based Luminary Labs Ventures, and existing investor Thomas Madsen-Mygdal. Before the most recent round, Clue had five angel investors, and after the most recent investment Clue still has less than $1 million...
By Aditi Pai 07:25 am February 19, 2014
Nutrition coaching app maker Rise Labs has raised a $2.3 million round led by Floodgate, with additional funding from Cowboy Ventures, Google Ventures, and Greylock, according to TechCrunch. The money will be used to build out Rise's app, 1:1 Nutrition Coaching. Advisors to the company include Harvard’s Dr. Russ Phillips, CNN Chief Medical Correspondent Dr. Sanjay Gupta (who is also Rise Labs ...
By Brian Dolan 05:35 am February 19, 2014
San Francisco-based MyFitnessPal has acquired fitness coaching startup Sessions for an undisclosed sum. MyFitnessPal, a health and fitness data platform that now boasts 50 million registered users, is bringing the entire Sessions team onboard and, as a result of the acquisition, plans to begin offerings its users coaching programs. While it has been in development for a few years, it's worth...
By Aditi Pai 04:54 am February 19, 2014
Medwhat, maker of a health question and answer app, has raised $560,000 in seed funding from Stanford University, Stanford Hospital, Startcaps Ventures and a couple of angel investors. Medwhat recently graduated from Stanford's StartX accelerator program. CEO and Founder Arturo Devesa told MobiHealthNews in an email that his experience in the accelerator program helped him build contacts in the...
By Aditi Pai 07:45 am February 13, 2014
San Francisco-based MyHealthTeams, which offers niche social network for people with various medical issues, raised $3.36 million this week led by the Westly Group with participation from Adams Street Partners, 500 Startups, HealthTechCapital, Sand Hill Angels, TEEC, and several individual investors. The company will use the money to expand its team and launch new social networks at a faster rate...
By Brian Dolan 08:04 am February 12, 2014
Earlier this year IBM announced that it would invest $100 million into startups that integrate with Watson, its super computing platform, through a new investment fund called Watson Fund. IBM announced that it had helped contribute to health social network company WellTok's $22 million third round of funding, which was led by New Enterprise Associates and included participation from another new...
By Aditi Pai 07:16 am February 11, 2014
Nurse scheduling platform OnShift raised $7 million in a round led by HLM Venture Partners with additional funding from Draper Triangle Ventures of Pittsburgh, Early Stage Partners of Cleveland, Fifth Third Capital, Glengary LLC of Beachwood, and West Capital Advisors of Cincinnati. This brings OnShift's total funding to $15 million. OnShift will use the funds to add between 20 and 25 employees...