venture capital

By Brian Dolan 08:14 am July 20, 2011
Affectiva, a start-up that aims to quantifiably analyze emotions to improve consumer experiences, announced this week that it has received a $5.7 million second round of financing. The funding was led by WPP's insight group Kantar and Myrian Capital, who will now have seats on Affectiva’s board of directors. Affectiva was founded in 2009 by two MIT scientists and started as a research project on...
By Brian Dolan 12:55 pm July 19, 2011
ClearPractice's Nimble EHR for iPad Accountable care organization EGHC (Essence Group Holdings Corporation) announced this week that it has received $61 million in venture capital funding. Investors include Camden Partners and Kleiner Perkins Caufield & Byers. EGHC is the parent company of healthcare companies ClearPractice, Lumeris, and Essence Health Care. ClearPractice is an EHR vendor...
By Neil Versel 03:06 pm May 4, 2011
NeuroVigil, the La Jolla, Calif.-based neurotechnology company that created the non-invasive iBrain wireless EEG sensor, announced Monday that it had closed on its first round of venture financing. The unspecified investment was led by "an anonymous American industrialist and technology visionary, with participants distributed across the U.S. West and East coasts," the company says in a press...
By Brian Dolan 03:52 pm March 30, 2011
Last week Silicon Valley-based start-up HealthTap announced it had secured $2.35 million in its first round of funding from Mohr Davidow Ventures and a group of angel investors including Esther Dyson, Mark Leslie, Aaron Patzer (founder and former CEO of Mint.com) and others. While HealthTap's offering is currently in private beta the startup plans to create an "expert health companion" that...
By Brian Dolan 09:48 am March 29, 2011
San Francisco-based health and wellness startup, Basis just closed $9 million in a first round of funding led by Norwest Venture Partners and Doll Capital Management, according to a report at Venture Beat. Basis, previously known as PulseTracer, offers a wrist worn device called Basis Band that measures the wearer's heart rate and other vital signs. Basis also plans to allow third party...
By Brian Dolan 08:21 am March 16, 2011
Doximity, a new health IT company from the founders of Epocrates, secured a $10.8 million Series A venture capital investment from Emergence Capital Partners and InterWest Partners, funding further development of its secure physician network, which already counts 7,000 doctors as users of the free mobile app. Doximity describes itself as a medical communications platform that uses social...
By Brian Dolan 12:27 pm February 28, 2011
BL Healthcare announced last week that Verizon Investments had participated in its recent financing round. MobiHealthNews has learned that BL raised about $2 million in the round, but whether others participated is still unclear. BL Healthcare announced a partnership with Verizon in April 2010 to build an ecosystem of applications for BL's platform. Earlier this year at the Consumer Electronics...
By Brian Dolan 04:19 pm February 7, 2011
Last week London-based mobile diabetes management company, Cellnovo announced a whopping $48 million second round of funding. While the company has been long known as the developer of a wireless-enabled insulin pump, in recent years it has stressed its software competency, and even made analagous comments between its offerings and Apple's iTunes Store. This week Medcity News pointed its readers...
By Brian Dolan 09:02 am September 8, 2010
Will heart failure sensor startup CardioMEMS be wireless health's first big acquisition target? Medical device maker St. Jude Medical just announced a $60 million equity investment in CardioMEMS, which includes the exclusive option to acquire the startup for $375 million after certain milestones are met. The current investment also grants St. Jude a 19 percent stake in CardioMEMS. Cash flush with...
By Brian Dolan 03:19 am July 15, 2010
This week MobiHealthNews put together its first radio segment for ReachMD XM satellite radio. I'm co-hosting a series called the "Mobile Medical Minute" -- a two-minute update on mobile health news and trends for ReachMD's 300,000 listeners. Every other week Dr. Joseph Kim (check out his blog here) will take the mic to discuss mobile health news from his perspective. For the first segment, I took...