Basis Science, maker of the wristworn tracker Basis Band, has raised $12 million, an extension of the company's $11.5 million round earlier this year, according to the company. New investors to the company this round were Intel Capital, iNovia Capital, Dolby Family Trust, Stanford University and Peninsula-KCG. Existing investors Mayfield Fund, DCM and Norwest Venture Partners, also contributed to...
Sleep-turned-fitness tracker Lark Technologies has raised $3.1 million from undisclosed investors, according to an SEC filing first spotted by TechCrunch. The filing lists Anis Uzzaman, general partner at Fenox Venture Capital, and Weili Dai, president and co-founder of the Marvell Technology Group in China as related persons on the raise. Fenox Venture Capital is a previous investor in Lark....
Physicians Interactive, the digital health marketing company that offers medical content readers Skyscape and Omnio, was acquired in August by Merck's Global Health Innovation Fund, which bought a controlling interest from former parent company Perseus LLC. Merck had previously invested $17 million in the company.
At Health 2.0 last week in Santa Clara, California, Chief Medical Officer and...
Humana was the mystery buyer of Boston-based health engagement company Healthrageous, MobiHealthNews has learned. Healthrageous sold its assets to Humana and a number of Healthrageous employees who supported the platform will also be joining the insurance company. MobiHealthNews first reported last week that Healthrageous had shut down and had its assets acquired. The financial details of the...
Personal emergency response system (PERS) maker QMedic has won $2.2 million from the National Cancer Institute "to create next-generation passive sensing and self-report tools to enhance clinical interventions for at-risk patients."
The funding will allow the team to launch a three year clinical pilot with Northwestern University’s Robert H. Lurie Comprehensive Cancer Center (RHLCCC) in Chicago,...
Co-located at Health 2.0, Morgenthaler Venture's DC to VC event, a startup contest that aims to bring together government policymakers, venture capitalists, and entrepreneurs, had a special resonance this year: It happened to be timed the day before the opening of nationwide health insurance exchanges, as mandated by the Affordable Care Act. Pitching to a room full of investors, entrepreneurs...
At the "3 CEOs" session at the Health 2.0 event in Santa Clara, California this week, two CEOs of famously acquired digital health companies, Christine Robins of BodyMedia and Pete Hudson of iTriage-maker Healthagen, talked about their respective mergers. Also, Hudson and Doximity's Jeff Tangney expounded on recently launched products, while Robins merely hinted at a big move to come.
Hudson,...
OnTrack Diabetes
Medivo, a healthcare IT company based in New York City, has acquired OnTrack Diabetes, an Android-only diabetes management app, for an undisclosed amount. This is the second disease management app acquisition for the company, which bought WellApps last year.
OnTrack helps users track blood glucose, food intake, medication, blood pressure (BP), pulse, exercise and weight. It...
Screenshot of Sharecare's website
Atlanta-based online health advice portal Sharecare raised an undisclosed sum from Nashville-based investment firm Heritage Group, bringing its total funding to $91 million. Up until this week, the company's only disclosed funding was the $14 million the company raised last year.
Sharecare will use the funding to support patient engagement between health...
Entrepreneurs in Rock Health's 5th class
San Francisco-based digital health accelerator Rock Health put on its fifth demo day this week. Rock Health announced the class in June and the accelerator ran until this past week when companies made presentations to show how they have grown in the past three months. Of the 11 companies, 10 presented at the demo day.
This class had some high profile...
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