venture capital

By Aditi Pai 08:58 am March 4, 2015
Delafield, Wisconsin-based Elli Health raised $774,000 in a mix of equity and options for its virtual visits offering, according to an SEC filing. This brings the company's funding to at least $900,000 to date. The company's CEO and cofounder, Jay Mason, previously founded appointment booking service MyHealthDirect, which raised $8 million last October. Mason still serves on that company's board...
By Jonah Comstock 07:29 am February 10, 2015
DigiSight Technologies, a California-based company currently focused on mobile apps for ophthalmology, has raised $7.8 million in second round financing. The round was led by Biosys Capital, Waycross Ventures, GE Ventures, and Lagunita, with additional contributions from existing investors. The company's core technology is the DigiSight Network, a platform for connecting data from patients'...
By Aditi Pai 07:18 am February 5, 2015
The Center for Innovative Technology GAP Fund has invested an undisclosed amount in Ostendio, a DC-based company that developed a software-as-a-service offering aimed at helping health IT companies better achieve and prove HIPAA compliance. CIT GAP Fund, a group of seed and early-stage investment funds, invests in Virginia-based technology, life science, and cleantech startups. Ostendio was...
By Aditi Pai 11:05 am January 20, 2015
West Conshohocken, Pennsylvania-based chronic care app developer CareCam Health Systems received a strategic investment from Independence Blue Cross Center for Health Care Innovation. CareCam has already raised at least $12.4 million to date. CareCam raised $2.4 million late last year, according to a filing with the SEC in November. Given the timing, it is likely the Independence Blue Cross...
By Brian Dolan 05:21 am December 23, 2014
Below is a roundup of the 33 acquisitions that MobiHealthNews reported on during 2014. That figure marks a near doubling of M&A activity year-over-year: In 2013 we tracked 17  transactions in digital health. Read on for a chronological review of the year in acquisitions: January 2014 -- HealthSparq acquires Clarus Health Portland, Oregon-based Cambia Health subsidiary HealthSparq, an online...
By Jonah Comstock 11:01 am December 15, 2014
Together Clinic, a Lincoln, Nebraska-based startup that is working on an app for connecting patients and providers, has raised $500,000 in seed funding, 60 percent of which came from local physician investors. The investment will allow the small company to hire a business development staff to accelerate the launch timeline for their app. Together Clinic, founded six months ago by two physicians,...
By Aditi Pai 03:42 am December 8, 2014
Boston, Massachusetts-based employee benefits platform company Maxwell Health raised $26.4 million in a round led by Adams Street Partners with participation from Cambia Health Solutions, Schooner Capital, Brothers Brook, and Annox Capital. Existing investors Vaizra Investments, Tribeca Venture Partners, Catalyst Health Ventures, Serious Change, and Lerer Hippeau Ventures also contributed. This...
By Brian Dolan 07:09 am November 25, 2014
Plano, Texas-based remote patient monitoring company Vivify Health has raised the first tranche of funding in what the company expects to be a $15 million round. Strategic investors Laboratory Corporation of America Holdings (LabCorp) and Envision Healthcare Holdings were the primary investors in the round, which follows on the company's $7 million round of funding led by two other strategic...
By Brian Dolan 09:55 am April 15, 2014
Waterloo, Ontario-based BlackBerry (formerly known as Research In Motion) announced this week an investment in Dr. Patrick Soon-Shiong's digital health rollup NantHealth, which boasts that about 250 hospitals are now using its cloud-based, clinical decision support platform. The dollar amount of the investment was not disclosed. BlackBerry and NantHealth haven't yet finalized the specific details...
By Jonah Comstock 07:17 am March 12, 2014
PatientSafe Solutions, maker of mobile hospital workflow system PatientTouch, has secured a $3 million strategic investment and resale agreement from Telus Health, the healthcare arm of Canadian mobile operator Telus. “This investment and exclusive reseller agreement is the latest validation of PatientSafe’s approach to supporting the future of healthcare on a global scale,” Joseph Condurso,...