Global Edition news

By Dave Muoio January 14, 2019
Online fitness membership platform ClassPass announced last week that it will be acquiring GuavaPass, a similar competing service active in Asia and the Middle East.  The deal is set to close before the end of the month. Although the specific terms were not disclosed in the original announcement, a company spokesperson told Fortune that the purchase ran ClassPass $4.2 million. Along with assuming...
By Laura Lovett January 14, 2019
Chicago-based remote virtual care company First Stop Health announced Friday a $6.5 million funding round led by Morningstar founder and CEO Joe Mansueto as well as Rich Gallun, cofounder and CEO of bswift. First Stop Health’s cofounders Patrick Spain and Dr. Mark Friedman also contributed to the latest funding round.  What they do First Stop Health is a virtual care provider that targets the...
By Dave Muoio January 14, 2019
Healthcare medical device cybersecurity company Cynerio announced last week that it has completed a $7 million round of investment funding. Participants in the round include Accelmed, RDC, MTIP and other unnamed global venture capitalists. What they do The Ramat Gan, Israel-based company develops a cybersecurity platform designed specifically for healthcare providers. The software scans a...
By Dave Muoio January 11, 2019
CES 2019 is in its waning days, and with its end comes a time for reflection. This year’s consumer tech expo boasted no shortage of health and wellness products on display, ranging from novel ECG-equipped wearables to novel approaches to skin care. Meanwhile, the Digital Health Summit — CES’ sub-event focused exclusively on health technology — celebrated its tenth year at the show with two full...
By Jonah Comstock January 11, 2019
The Embrace2, a seizure monitoring wearable from Boston and Milan-based Embrace, has received an updated FDA clearance that allows it to be used by children ages six and up — the first such device to receive clearance for pediatric use. "The fact that this is the first clearance of its kind in epilepsy highlights how difficult it is to get robust results with pediatric patients in a clinical...
By Dave Muoio January 11, 2019
Once a health tech industry darling, Chicago-based unicorn Outcome Health has lately found itself on hard times. Since the publication of a Wall Street Journal investigation alleging the point of care digital advertiser had misled its clients by providing inaccurate and manipulated performance data, Outcome has faced a lawsuit from its biggest investors, severed deals with major hospitals, and...

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