May 12, 2017
Correction: A previous version of this article misstated who led the investment round.
Clover Health, an insurance startup with a patient engagement bent, has raised $130 million in a round led by existing investor Greenoaks Capital Management. New investors Google Ventures, Palm Drive Capital, and Western Technology Investment and existing investors Sequoia Capital and First Round Capital also...
February 26, 2015
Google is considering strategic investment in Jawbone, although discussions are in preliminary stages, according to a report from Re/Code.
Update: According to a report from Fortune, BlackRock is considering investing as much as $300 million in Jawbone. Fortune added that its sources said Google is not actively considering an investment.
Re/Code adds Google and Jawbone have not agreed on the size...
October 22, 2014
Bethesda, Maryland-based cellular-enabled blood glucose meter company Telcare has raised $32.5 million led by Norwest Venture Partners with participation from Mosaic Health Solutions and existing backers The Qualcomm Life Fund and Sequoia Capital. The latest round of funding takes Telcare's total disclosed funding to north of $60 million.
Telcare offers a diabetes management package that includes...
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...
August 21, 2012
Bethesda, Maryland-based Telcare, which offers an FDA cleared cellular-enabled glucose monitor and its cloud-based companion system, has scooped up $25.5 million in funding led by new backer Sequoia Capital with participation from its existing investor Qualcomm Life Fund. Telcare will use the funds to build out its marketing, sales, research and development. Telcare had previously raised about $4...
October 12, 2010
AT&T has inked a deal with eCardio Diagnostics to provide wireless connectivity to the arrhythmia monitoring company's near real-time cardiac monitoring devices. eCardio’s monitoring devices enable heart patients to recover at home rather than spend additional time in the hospital and aim to help reduce re-admissions among heart patients.
According to the companies' release, "eCardio has...
August 12, 2010
AirStrip Technologies, which just received FDA clearance for a remote patient monitoring service last month, announced an investment from Sequoia Capital this week. Financial details were undisclosed.
"AirStrip Technologies has established itself as an innovator in remote patient monitoring via mobile devices. Mobility is a key component of healthcare reform, and AirStrip is positioned at the...
November 20, 2009
The Wall Street Journal has an incendiary profile piece on the Jeffries analyst, Brian Kennedy, who predicted that Highmark CMS would cut its reimbursement rate for CardioNet's wireless cardiac monitoring service. CardioNet is the only public company fully focused on wireless health, which makes it a true pioneer for the emerging industry.
While the aftermath that followed Kennedy's April...