Investors

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...
By Aditi Pai 05:57 am February 6, 2014
Molecular diagnostic company Myriad Genetics has acquired Crescendo Biosciences for $270 million, in cash, which included repayment of a $25 million loan that Myriad made to Crescendo in 2011. Investor Safeguard Scientifics has invested $11 million Crescendo Biosciences, giving it a 13 percent stake, and expect to earn $40 million as part of the deal. Following the acquisition, William Hagstrom,...
By Aditi Pai 06:46 am February 4, 2014
Wellness app maker Noom has secured an additional $2.9 million, bringing their latest round to $7 million. The round was led by New York-based RRE Ventures with participation from TransLink Capital, Recruit Strategic Partners, Scrum Ventures, Qualcomm Ventures and Harbor Pacific Capital. Both Qualcomm Ventures and Harbor Pacific Capital have contributed to a previous round of funding for Noom. ...
By Brian Dolan 02:36 am February 4, 2014
Lexington, Massachusetts-based Imprivata confidentially filed a draft statement with the Securities and Exchange Commission (SEC) for an initial public offering this week. The draft filing marks the second confidential filing for a digital health company in the past few days -- healthcare costs transparency company Castlight Health filed for an IPO at a reported valuation of upwards of $2 billion...
By Jonah Comstock 02:00 am February 4, 2014
Manchester, New Hampshire-based virtual pharmacy PillPack raised $4 million from Atlas Venture and Founder Collective, the company announced today. The company raised the money back in July 2013, and have already used much of it to build its Manchester headquarters. However, PillPack opted to time the announcement with its commercial launch, which happens today in 31 states. "We've been shipping...