Aditi Pai

By Aditi Pai 01:25 pmMarch 8, 2016
Raleigh, North Carolina-based heart rate sensor company Valencell has raised $8.4 million more in a round that totaled $11 million. The round was led by GII Tech with participation from existing investors TDF Ventures and WSJ Joshua Fund. This brings the company’s total funding to $24.5 million to date. The company disclosed the first tranche of this round in September 2015 in an SEC filing....
By Aditi Pai 10:04 amMarch 8, 2016
A Fitbit survey of 200 CEOs that run companies with between 1,000 and 10,000 employees found that 88 percent of respondents already offer employees some kind of wellness program.  When asked whether a social event or a wellness program would more effectively reduce stress in their workforce, 80 percent of CEOs said a wellness program and just 20 percent said an event. The survey also found that...
By Aditi Pai 01:02 pmMarch 7, 2016
Sleep tracking company Eight (formerly known as Luna) raised $6 million in seed funding from Y Combinator, Yunqui Partners, Azure Capital, Cota Capital, Comcast Ventures, Vast Ventures, Stanford University, Galvanize Ventures, Idea Bulb VC, and Scribd co-founder Jared Friedman. “The conception of Eight began with my own sleep problems,” Eight Cofounder and CEO Matteo Franceschetti told...
By Aditi Pai 12:33 pmMarch 7, 2016
Some 50 percent of employers use mobile apps to engage their employees in their health, according to a survey of 213 employers, sponsored by Xerox Human Resource Services and the National Business Group on Health (NBGH). NBGH added that there was significant growth in this category compared to its 2013 survey where only about 16 percent of employers said they were using mobile to engage users....
By Aditi Pai 01:16 pmMarch 3, 2016
iDoc24, which does business as First Derm, has launched a smartphone-connected dermatoscope, called DermLite Hud, in partnership with dermatoscope manufacturer DermLite. The device costs $79.95 and is available from DermLite’s website as well as Amazon. DermLite is a subsidiary of California-based company, called 3Gen. First Derm initially announced the dermatoscope in October 2015, when the...
By Aditi Pai 12:08 pmMarch 3, 2016
Teladoc ended 2015 with $77.4 million in revenue, up 78 percent year-over-year from $43.5 million in 2014, the company’s CEO Jason Gorevic said on Teladoc’s year end earnings call. Revenue came from two sources: subscription access fees brought in $63.3 million and visit fees brought in $14.1 million. Last year, Teledoc facilitated about 576,000 telehealth visits, up from 299,000 in 2014. And the...
By Aditi Pai 08:52 amMarch 3, 2016
So far this year, the digital health funding that MobiHealthNews tracked has surpassed $600 million. In January, digital health companies raised $471 million across 21 deals. This month, funding reached $197 million across 13 deals, although one of those deals was for an undisclosed amount. More than half of February's funding came from one big deal: MindMaze raised $100 million. An honorary...
By Aditi Pai 05:06 pmMarch 2, 2016
Sage Bionetworks, a nonprofit biomedical research organization that developed the ResearchKit app mPower, has announced that it will release the first six months of data from the app. mPower, a Parkinson's-focused app, was one of the first five ResearchKit studies announced at Apple's launch of the kit in March 2015. "An overwhelming number of mPower participants have chosen to donate their data...
By Aditi Pai 01:54 pmMarch 2, 2016
The American Sleep Apnea Association (ASAA) has partnered with IBM Watson to launch a ResearchKit study app, called SleepHealth. Researchers aim to use the app to explore the connection between sleep habits and health outcomes. It's also the first ResearchKit app to partner with IBM Watson. "We've made life the laboratory for this study by crowd-sourcing data and input to achieve an unprecedented...
By Aditi Pai 12:03 pmMarch 2, 2016
Scrypt, a document management company, has acquired physician communication platform DocbookMD. Both companies are based in Austin, Texas. DocbookMD raised a seed round of $2.2 million back in early 2012. DocbookMD was founded by husband and wife practicing physicians: Dr. Tim Gueramy, an orthopedic surgeon, and Dr. Trace Haas, a family physician. Gueramy is CEO of the company while Haas serves...