San Francisco-based iBeat, makers of a heart-monitoring wearable positioned to compete with PERS devices, closed approximately $1.5 million in a seed funding round led by Maveron, Subtraction Capital and Correlation Ventures. Other investors include Ali and Hardi Partovi, former NFL player Russell Okung, KKR partner Henry Kravis, Band of Angels and industrial design firm Ammunition Group.
Notably...
