January 30, 2013
Cloud-based patient monitoring company Intuitive Health has raised $3.4 million, according to an SEC filing first spotted by the Dallas Business Journal. The company isn't yet willing to talk much more about the funding raise; CEO Eric Rock told MobiHealthNews in an email that they are still in stealth mode. This appears to be the company's first public funding raise.
Although the Plano, Texas-...
January 22, 2013
Earlier this month Nant Health, the healthcare company that is a part of Dr. Patrick Soon-Shiong's tight-lipped NantWorks portfolio of companies, raised $31 million in two rounds of funding, according to SEC filings. Another NantWorks company, NantiD, which appears to be the next generation of the iVisit LookTel technology that Nant acquired a few years ago, raised an additional $15 million in...
January 7, 2013
Digital health incubator Rock Health has released it's 2012 year in review report, and it shows that venture capital investment in digital health is robust, if still tentative by some measures. Overall investment is up, but a large percentage of the numbers are accounted for by a few big deals and a few big investors.
Venture capitalists invested $1.4 billion in digital health in 2012, a 45...
December 12, 2012
Steven Krein, co-founder of StartUp Health
SecondMarket, a secondary market investment advisory company, is partnering with incubator StartUp Health this month to make small accredited investors more aware of the opportunities in the digital health space, and to give make a chance to fund some of StartUp's inductees.
StartUp Health co-founder Steven Krein described StartUp Health as "an...
October 30, 2012
Waltham, Massachusetts-based QuantiaMD, which offers a mobile and online physician community and collaboration platform, raised a $12 million round of funding from return backer Fuse Capital. The company plans to use the funds for building out its platform's capabilities and better meet the needs of payers, health systems, and others who leverage QuantiaMD to engage with physicians. It will also...
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...
October 22, 2012
San Diego-based senior care platform developer Independa has raised $1 million of a hoped for $4.3 million round in an effort to bankroll the deployment of its Angela software on LG Electronics' Pro:Centric-enabled commercial televisions. The Independa deal with LG was first announced at the CES event at the beginning of the year. According to report in Telecare Aware, the new funding comes from...
October 15, 2012
Boston-based Healthrageous, which spun out of Partners Health Care in 2008, has announced a $6.5 million second round of funding from North Bridge Venture Partners, Egan-Managed Capital, Long River Ventures, and an undisclosed investor. The health coaching platform company has now raised more than $15 million in funding, including a $6 million first round of funding, which it announced in 2010 at...
September 25, 2012
Minnesota-based aging in place technology company Healthsense has raised $7 million in its fourth round of funding led by new investors Merck Global Health Innovation Fund and Fallon Community Health Plan. Healthsense offers a remote monitoring platform for the senior care market called eNeighbor, a WiFi-enabled passive monitoring service that alerts care givers to emergencies like falls.
August 23, 2012
The U.S. spent $1.3 trillion in 2003 treating people with at least one chronic disease, according to a study in Health Affairs, and the price tag is projected to rise to $4.3 trillion by 2023. Chronic diseases account for about three-quarters of all healthcare spending in this country now, and that number won't be going down anytime soon if we continue on the current trajectory.
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