October 24, 2012
NantHealth, a subsidiary of Dr. Patrick Soon-Shiong's NantWorks, has received an unspecified equity investment from Verizon Communications, through the telecom's Verizon Investment arm. Verizon will help NantHealth develop a secure fiber-optic, cloud-based data infrastructure to deliver multimedia healthcare information to mobile devices, according to the companies.
"If we can stream a movie into...
September 13, 2012
BetterDoctor's iPhone App
In recent weeks a number of digital health startups have announced rounds of funding totaling some $26 million. MobiHealthNews has previously covered the venture capital Agile Health, iSonea, and Sherpaa raised in recent days. Here's a quick round-up of a few other digital health investments.
Aberdare Ventures and the West Health Investment Fund announced investments in...
May 16, 2012
Simplee, which helps consumers track, review, and pay medical claims and bills online, announced this week a $6 million first round of funding led by The Social+Capital Partnership and with participation from existing investor Greylock Partners. Greylock and a handful of Israel-based angels contributed to Simplee's $1.5 million seed round of funding, according to TechCrunch.
Since the company...
April 2, 2012
Lumoback, a startup that has developed a wireless sensor and mobile app to help users improve their posture, has secured $1.1 million in a seed round of financing, the company confirmed for MobiHealthNews by email today. (Health 2.0 first reported the news on its blog here.) The seed round included a handful of investors including Innovation Endeavors, Morado Venture Partners and Russell...
March 26, 2012
BodyMedia has raised more than $2.7 million in a recent round of funding that it hopes will soon hit $10 million, according to an SEC filing that MedCity News spotted. The company stated that the first equity sales occurred on March 13, 2012. So far the round of funding has included participation from four investors, according to the regulatory document.
BodyMedia's last round of funding,...
February 9, 2012
AirStrip Technologies announced a strategic investment from Qualcomm's recently announced Qualcomm Life Fund. Terms of the investment were not disclosed.
In August 2010 MobiHealthNews reported that Sequoia Capital had made a strategic investment in AirStrip and the terms were undisclosed at the time then, too. According to an SEC filing published shortly after the deal was announced, AirStrip...
January 24, 2012
Fitbit, which offers the Fitbit Ultra activity monior and the Aria WiFi Smart Scale, announced its third round of funding: $12 million from existing investors. Foundry Group, True Ventures, SoftTech VC and Felicis Ventures all participated in the round.
At the Consumer Electronics Show (CES) in Las Vegas a few weeks ago, Fitbit unveiled the Aria WiFi scale, its first product offering outside of...
January 18, 2012
On The Spot Systems, a mobile phone-based survey provider, announced this week that it had raised $750,000 in seed financing from Kepha Partners, Angel Street Capital, and strategic investor Mike Sheehan. The company plans to use the funds to expand its business into the food industry, while building out its mobile data collection business for retail, healthcare, and service organizations.
January 13, 2012
Skip Fleshman, a Managing Partner at Asset Management Ventures, shared a few tips for those mobile health startups looking to become more that just "one-trick pony" developers of successful apps. In order to capitalize on their real potential and become a long-term, viable business, Fleshman has a few lessons learned to share based on his firm's investments in a number of health startups,...
December 7, 2011
This week at the mHealth Summit HealthTap announced that it closed $11.5 million in its first round of funding after its $2.5 million angel round this past March. The most recent round was led by Tim Chang of the Mayfield Fund, Rowan Chapman of Mohr Davidow Ventures and former Google CEO Eric Schmidt through his Innovation Endeavors fund. The startups plans to use the funds to grow its platform's...