May 11, 2015
Since IBM launched its Watson Health business unit last month, the company has been busy, announcing a flurry of partnerships and deployments of its cognitive computing software in different sectors of the healthcare industry. Most of these announcements came out at the World of Watson symposium the company recently held in New York City. Here's a roundup of what Watson has been up to.
January 8, 2015
Denver, Colorado-based Welltok raised $12 million co-led by Hearst Ventures and Catholic Health Initiatives. The capital tops off a $37 million round for the company, which disclosed the other $25 million in October.
The previous $25 million was led by Bessemer Venture Partners with participation from Emergence Capital Partners, InterWest Partners, New Enterprise Associates (NEA), and Qualcomm...
August 14, 2014
By the end of the second quarter this year, digital health funding had already surpassed the total funding for 2014, according to a June 2014 report from Rock Health. This growth also shows in the top funded companies for the first half of the year.
While Proteus Digital Health received the largest investment in the first half of 2014 as well as the first half of 2013, last year Proteus raised $...
June 30, 2014
IBM's Watson has yet another new gig, and it could lead to a novel way for big data to interact with personalized healthcare. IBM has partnered with Bon Appetit magazine to create Chef Watson, a web app that can create unique recipes based on a list of preferences. The app is going into a very limited beta (capped at 200 participants) today.
Watson is a computer program that can do big things...
March 19, 2014
Health management platform provider Welltok announced the acquisition of wellness app maker Mindbloom today. Welltok will incorporate Mindbloom into its CafeWell Health Optimization Platform. Financial details of the transaction were not released. Since its founding in 2008, Mindbloom has disclosed about $1.8 million in funding from Seattle-area angel investors.
"Welltok, for some time, has been...
February 25, 2014
Hearst Corporation subsidiary Hearst Health Ventures, a corporate venture fund, announced an undisclosed investment in Tonic Health, a company that develops medical data collection platforms, yesterday. As part of the investment, Hearst Health Ventures Managing Director Ellen Koskinas will join the Tonic Health Board of Directors.
“With Hearst Health Ventures, we are looking for innovative...
February 13, 2014
While it didn't release any specific financial details, b2b activity tracker company FitLinxx recently announced it saw a 55 percent increase in revenues year-over-year. FitLinxx cited increased demand for its trackers in corporate wellness programs as well as the company's expansion into consumer, health plan, and health care provider markets in the US and UK.
"The corporate wellness space is...
February 12, 2014
Earlier this year IBM announced that it would invest $100 million into startups that integrate with Watson, its super computing platform, through a new investment fund called Watson Fund. IBM announced that it had helped contribute to health social network company WellTok's $22 million third round of funding, which was led by New Enterprise Associates and included participation from another new...
January 20, 2014
Welltok, the Denver-based creator of an online and mobile "social health management" platform, has introduced a partnership program to link technology with disease management and wellness programs.
The idea is to make it easier for population health managers from payers, health systems and accountable care organizations to provide services and actionable steps for program members.
"We're able to...
December 26, 2013
It's clear that consolidation is finally starting to happen in mobile health.
In the third quarter of 2013, MobiHealthNews reported an unprecedented number of mobile and digital health acquisitions in a single quarter -- five. Depending on where you count Humana's acquisition of Healthrageous (which we reported on October 1st), the fourth quarter either matched or surpassed that...