Investors

By Aditi Pai 04:56 am February 27, 2014
New York-based Everyday Health filed for an initial public offering that it expects will raise up to $115 million, according to SEC documents. The joint book-running managers for the IPO are J.P. Morgan Securities, Credit Suisse Securities (USA), and Citigroup Global Markets. Everyday Health offers users an app and web tool to aggregate health information on a variety of topics, including...
By Aditi Pai 09:12 am February 26, 2014
Diabetes app maker mySugr, which is based in Austria and the US, raised a few million euros in an investment round led by XL Health and Puspok. Johann Hansmann, an angel investor that has previously invested in Runtastic, also participated. mySugr had previously raised another round from Hansmann and Austria's state owned investment bank, AWS. mySugr's app recently topped 100,000 registered users...
By Aditi Pai 08:05 am February 25, 2014
Hearst Corporation subsidiary Hearst Health Ventures, a corporate venture fund, announced an undisclosed investment in Tonic Health, a company that develops medical data collection platforms, yesterday. As part of the investment, Hearst Health Ventures Managing Director Ellen Koskinas will join the Tonic Health Board of Directors. “With Hearst Health Ventures, we are looking for innovative...
By Jonah Comstock 02:00 am February 24, 2014
An ear-worn heart monitor, from Quanttus co-founder David He's MIT thesis. Cambridge, Massachusetts-based Quanttus, a stealthy MIT startup working on wearable vital sign monitoring, has raised $19 million in first round funding from Khosla Ventures and Matrix Partners. The company has previously raised $3 million in seed funds from Vinod Khosla. “Quanttus is pushing monitoring into many high...
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...