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...
August 16, 2012
According to an SEC filing this week, Baltimore, Maryland-based WellDoc has raised more than $500,000 toward a hoped for $10 million round of funding. According to the filing, six investors have contributed to the round so far. (Correction: Original article misstated the amount as $13 million.) In the past the company has raised some $5 million, according to various reports. When Forbes named...
July 23, 2012
WellFX, creator of an online and mobile social platform for healthcare providers and patients to manage chronic diseases, says it has received a reported $5 million investment from private investment company CMT Ventures. The Series A financing will allow Petaluma, Calif.-based WellFX to, among other things, complete two pilot tests of its technology, put the platform in general release and...
July 3, 2012
Waltham, Massachusetts-based PatientKeeper raised $6.25 million in funding last month to expand its portfolio of physician-centered healthcare information systems (HIS) and build out its operations. The funds came from existing investors Flybridge Capital Partners, New Enterprise Associates, Whitney & Co. and others.
PatientKeeper was one of the first HIS software providers to embrace a...
June 26, 2012
"The reality of today’s funding environment for digital health entrepreneurs is that it’s traditional tech investors who have the lion’s share of the money, while most long-time healthcare investors are on the ropes, contending with fleeing LPs and at least the perception of disappointing returns," pharmaceutical company executive David Shaywitz writes in his most recent (must-read) column for...
June 21, 2012
Agile Diagnosis, a mobile health startup that recently graduated from health incubator Rock Health's second class, has raised $2 million in funding, according to a regulatory filing. The startup hopes to raise an additional $1 million, according to the filing. A report in TechCrunch this week notes that the startup said it had raised $2.5 million during comments its founder made at the Rock...
June 7, 2012
Mobile fitness technology company MapMyFitness announced that it has raised $9 million in its second round of funding, which was led by return backers Austin Ventures and Milestone Venture Partners. The round also included contributions from a handful of new MapMyFitness strategic partners, namely the Competitor Group and The Running Specialty Group.
While MapMyFitness did not disclose any...
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...
May 16, 2012
Proteus Biomedical's Raisin system
Proteus Biomedical raised about $17.5 million in a round of funding it hopes will eventually top $50 million, according to a regulatory filing. The Redwood, California-based company developed an "intelligent medicine" suite of technology called Raisin, which includes, an ingestible biomedical sensor, a wearable, peel-and-stick patch, and a companion smartphone...
May 9, 2012
Seattle-based EveryMove, which is developing a rewards platform for health and fitness activities, announced $2.6 million in funding this week from Premara Blue Cross, Blue Cross and Blue Shield of Nebraska, BlueCross BlueShield Venture Partners (a fund that is managed by Sandbox Industries), and a number of angel investors. According to a report over at GeekWire, the company's $375,000 seed...