November 5, 2014
While digital health funding in general has been growing enormously year-to-year, so too have strategic corporate investments, according to a new report by CB Insights. The research firm reports that 2014 has already had a record number of digital health deals by corporations (about 70 deals) despite two months left to go.
According to CB Insights, since 2010 corporate investors have made 210...
August 26, 2014
San Antonio-based AirStrip has raised $25 million in strategic funding led by new investor the Gary and Mary West Health Investment Fund, Sequoia Capital and Wellcome Trust with participation from other existing investors HCA and Qualcomm. Other new investors include two customers -- Dignity Health and St. Joseph Health (SJH) -- and investment bank Leerink Partners.
The company plans to use the...
June 10, 2014
Venture funding for biosensing wearables, reached $282 million in 2013, five times what it was in 2011, according to a recent report and webinar from Rock Health. The report also points out that in that same period of time, funding for digital health as a whole doubled.
Although Jawbone has raised a significant amount of money, Rock Health does not include the company in its funding report...
April 28, 2014
Voluntis's app (not shown here) was one of the first to work with Sanofi's IBGStar connected glucometer.
Paris, France-based Voluntis, a developer of companion apps for medical devices, has raised $29 million in its fourth round of funding. The round was led by Bpifrance Large Venture and international venture capital firm Innovation Capital. Other contributors included Luxemburg-based...
March 19, 2014
Health management platform provider Welltok announced the acquisition of wellness app maker Mindbloom today. Welltok will incorporate Mindbloom into its CafeWell Health Optimization Platform. Financial details of the transaction were not released. Since its founding in 2008, Mindbloom has disclosed about $1.8 million in funding from Seattle-area angel investors.
"Welltok, for some time, has been...
February 24, 2014
San Francisco-based AliveCor has inked a deal with electronic medical records company Practice Fusion that enables healthcare providers who use AliveCor's smartphone-enabled, single-channel ECG to import electrocardiogram readings, annotated reports and expert reviews into their EHR. If they are Practice Fusion users, of course.
AliveCor told MobiHealthNews in an email that the ECG readings will...
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...
January 13, 2014
Wellness app maker Noom has raised $4.1 million, according to an SEC filing, bringing the company's total known funding to $6.7 million. The company hopes to raise an additional $3 million.
Noom's former investors include m8 Capital, Qualcomm Ventures, Harbor Pacific Capital, and former Nexon executives, and Kleiner Perkins Caufield & Byers (through its iFund). The company raised $2.6 million...
August 13, 2013
San Francisco-based Fitbit, which offers various clip-on and wristworn activity tracking devices as well as a connected weight scale, has raised $43 million in its fourth round of funding, from three new investors. A rumor started by TechCrunch back in March claimed that Fitbit had raised just $30 million in its fourth round and at a valuation of $300 million or more. Fitbit's new backers include...
May 20, 2013
Sotera Wireless, the San Diego-based in-hospital mobile wireless monitoring company that's raised nearly $60 million from investors like Qualcomm and Intel, announced a deal with Utah-based healthcare system Intermountain Healthcare.
Back in March at HIMSS, Sotera announced it was piloting its ViSi Mobile wireless patient monitoring platform with two Intermountain hospitals, its flagship...